Mortgage Affordability Calculator
Calculate the maximum home price you can afford based on income, down payment, debts, and the 28/36 qualifying rule used by lenders.
Mortgage Affordability Calculator
How to Use the Mortgage Affordability Calculator
The Mortgage Affordability Calculator makes it easy to get accurate results in seconds. Simply enter your values in the fields above and the result updates automatically. All calculations use industry-standard formulas.
Calculate the maximum home price you can afford based on income, down payment, debts, and the 28/36 qualifying rule used by lenders.
Results are for informational and educational purposes only. For financial decisions, consult a qualified financial advisor. For health matters, consult a licensed healthcare provider.
Frequently Asked Questions
Lenders prefer your mortgage payment not exceed 28% of gross monthly income, and total debt payments not exceed 36%. These are qualifying guidelines, not hard limits.