Home Affordability Calculator

Lenders size a mortgage from your income and your existing debt payments rather than from the price of the house. Enter gross annual income, other monthly debt payments, the down payment you have saved, a rate, a term and the debt-to-income ratio you want to stay under. The result gives the largest loan and home price those numbers support, along with the monthly housing budget behind them. This is an estimate for planning, not a lending decision or financial advice.