Home Affordability Calculator

Calculate how much house you can afford based on your income, debts, and down payment.

Your Financial Information

Annual Gross Income ($)

Monthly Debts ($) - Car, student loans, credit cards

Down Payment ($)

Interest Rate (%)

Loan Term (years)

Property Tax Rate (%)

Max DTI Ratio (%)

$283,000

Monthly Payment: $2,048

Principal & Interest$1550.15

Property Tax$283.00

Insurance$117.92

PMI$97.08

$233,000

Loan Amount

17.7%

Down Payment

Front-end Ratio (Housing)28.9%

Back-end Ratio (Total)36.0%

Maximum DTI36%

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MyCalcBuddy Editorial Team

This page is maintained as an educational calculator reference.

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Formula Source: Standard Mathematical References

by Various

ðŸ”„Last reviewed: May 2026

âœ“Formula checks are based on standard references and internal QA review.