💰

House Affordability Calculator - How Much Can I Afford

Free house affordability calculator. Find out how much house you can afford based on income, debts, and down payment.

House Affordability Calculator

How much home can you afford?

Gross annual household income

Car, student loans, credit cards

Cash available for down payment

Expected mortgage rate

15 or 30 years typical

Your Budget

Enter your values to see results

and click the "Calculate" button

House Affordability Calculator

Find out how much house you can afford based on the 28/36 rule: housing ≤28% of income, total debt ≤36%.

Affordability Rules

Max Payment = Income × 28% / 12, then solve for loan amount

Uses 28% front-end ratio. Actual affordability depends on debts, credit score, and lender policies.

Frequently Asked Questions

What is the 28/36 rule?
Housing costs should be ≤28% of gross income. Total debt payments (including housing) should be ≤36%.
What's not included in these estimates?
Property taxes (1-2%), insurance (0.5-1%), PMI if <20% down, HOA fees. Add these to the monthly payment.

Explore more calculators

100+ calculators for finance, health, math, and everyday life

All Calculators