Home Affordability Calculator
How to find how much house you can afford
- Enter your gross income, other monthly debt payments and down payment.
- Enter the mortgage rate, term, property tax and insurance.
- Keep the usual 28% and 36% limits or change them to see the highest price that fits.
Frequently asked questions
What are the 28% and 36% limits?
Lenders often want housing costs under 28% of gross monthly income, and all debt payments, housing included, under 36%. The lower of the two sets the limit.
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