How Much House Can I Afford?
Enter your income, debts, and down payment to find your home buying budget based on standard lending guidelines.
Income & Monthly Debts
$95,000/yr ($7,917/mo)
20,000500,000
$400/mo
05,000
Down Payment & Loan
$60,000
0500,000
6.500%
212
30 yr
1030
Estimated Monthly Costs
1.2%
0.23.5
$1,800
50010,000
None
01,000
Recommended budget
$366,552
based on standard 31% / 43% DTI guidelines
⚠️ Down payment is 16% — PMI will apply until you reach 20% equity
Budget Range
Conservative
28% / 36% DTI
$334,109
ModerateRecommended
31% / 43% DTI
$366,552
Aggressive
36% / 50% DTI
$420,622
Est. Monthly Payment
Principal & interest$1,938
Property tax$367
Home insurance$150
Total PITI$2,454
Debt-to-Income Ratios
Front-end DTI31.0%
Housing costs ÷ gross income — guideline: ≤31%
Back-end DTI36.1%
All debts ÷ gross income — guideline: ≤43%
Quick Checklist
Front-end DTI ≤ 31%
Back-end DTI ≤ 43%
Down payment ≥ 3%
Down payment ≥ 20% (no PMI)
Credit score qualifies
Know your budget? Check your actual rate now.
Get My Free Rate QuoteResults are estimates based on standard lending guidelines and are for informational purposes only. Actual loan approval depends on your full credit profile, lender requirements, and other factors. Consult a licensed mortgage professional for personalized advice.