Home Affordability Calculator
Test three separate limits: cash at closing, a lender-style debt-to-income illustration, and the monthly budget you want to live with. This is not a preapproval.
Try your assumptions
Private by design. Your entries are calculated on this page and are not saved or sent to analytics.
All numbers are hypothetical. Enter amounts in dollars and rates as percentages.
Scenario results
Exact model assumptions
The DTI ceiling is your own illustration, not a universal lending cutoff or approval. DTI room uses gross monthly income, your chosen ceiling, and other debt; it includes principal, interest, tax, insurance, HOA, and mortgage insurance, but excludes maintenance. Take-home room subtracts all nonhousing spending and saving, including the same debt payments, plus your chosen cash cushion; it includes maintenance. These are separate constraints, so debt is not subtracted twice within one budget. Cash to close assumes down payment plus a percentage for closing costs after preserving your reserve. Rates and percentages stay fixed; no program eligibility, assistance, underwriting, tax deductions, escrow changes, or loan offer is modeled.
Keep learning
How much home can you afford? explains the terms behind these numbers. For a real loan decision, compare written Loan Estimates and consider a HUD-approved housing counselor.