Calculator
Mortgage affordability calculator
Estimate a rough home price from your gross income, existing debt, down payment, property tax rate, and monthly housing costs — before you start shopping.
Rule of thumb
Mortgage affordability calculator
Keep the purchase price anchored to monthly payment reality. It does not replace lender underwriting, closing cost estimates, PMI, repairs, or local taxes.
Use this early, before a preapproval number turns into a shopping budget.
Rough home price $0
Estimated loan $0
Monthly housing payment $0
A lender may approve you for significantly more than this estimate. Your comfort with the monthly payment matters more than the maximum the bank will allow.