Mortgage Affordability Calculator
NewCalculate the maximum home price you can afford based on your income, debts, and lender guidelines. Lenders typically use the 28/36 rule: housing costs should not exceed 28% of gross income (front-end DTI), and total debt should not exceed 36% (back-end DTI). Enter your annual income, monthly debts, down payment, interest rate, and target DTI to see your maximum affordable home price and monthly payment.
Mortgage Affordability Calculator
Calculate how much house you can afford based on income and debt-to-income ratio.
Max Home Price
$525,139.81
Max Mortgage
$465,139.81
Max Monthly Payment
$2,940.00
DTI Ratio
43%
Max: 43%
How to Use Mortgage Affordability Calculator
- 1Enter annual gross income
- 2Enter monthly debt payments
- 3Set down payment amount
- 4Enter expected interest rate
- 5View maximum home price and monthly payment
Your Privacy is Protected
Mortgage Affordability Calculator runs entirely in your browser. Your files and data are never uploaded to any server, never stored, and never shared. Everything happens locally on your device using secure browser APIs.
Frequently Asked Questions
What is the 28/36 rule?
Your housing payment should not exceed 28% of gross income, and total debt payments should not exceed 36%. Many lenders allow up to 43% back-end DTI.
How much can I borrow on a $100k salary?
At 28% front-end DTI with a 30-year mortgage at 7%, roughly $350-400k. Your actual number depends on debts, down payment, and credit score.
Why Use This Tool?
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