Home Affordability Calculator

Estimate an affordable home price using a target debt-to-income ratio, your gross monthly income, existing debts, and current mortgage rates.

Inputs
Results
Estimated Max Loan Amount
$319,585.86
Max Monthly Mortgage Payment
$2,020.00

Try an example

Formula

Max Loan = Max Payment × [(1+r)^n − 1] / [r(1+r)^n]

Learn How This Works

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Frequently Asked Questions

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