Mortgage Affordability Calculator

Estimate a home-price range from the monthly housing payment your budget may support.

Gross annual household income ($)

Other monthly debt payments ($)

Available down payment ($)

Interest rate (%)

Loan term (years)

Maximum debt-to-income ratio (%)

Annual property tax + insurance (% of price)

Estimated result

Monthly housing budget—

Estimated affordable home price—

Estimated mortgage amount—

Principal & interest—

How to use this estimate

Lender approval can differ because of credit, reserves, mortgage insurance, taxes and underwriting rules. Leave room for repairs, utilities and savings.

Illustrative estimate only. Actual lender disclosures, fees, taxes and underwriting rules control.

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Mortgage Affordability Calculator

Estimated result

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How to use this estimate