Affordability Calculator

Affordability Calculator


The Affordability Calculator helps you figure out the maximum home price you can afford.  It considers your annual earnings, monthly debt, and your projected mortgage to help you determine what home price fits within your budget.  This tool calculates the max purchase price of your future house, your estimated mortgage payments, and your private mortgage insurance if applicable.

The calculator results are based on a debt-to-income ratio of 36% as a default.  However, the debt-to-income ratio can be adjusted all the way to 55% if you are planning on using a FHA loan.

You can afford a $ home

Monthly debts
Loan Program
Interest Rate
Income taxes
Property taxes
Homeowners ins.
Include PMI?
HOA dues
1st Year th Year th Year
Principal $ $ $
Interest $ $ $
* Please note that payments after fixed periods are estimates and may change based on rates at the time of reset.
Estimated Monthly Income $
Monthly Mortgage Payment $
Debts $
Income Taxes $
Left Over $