home_affordability_desc
For information only. Not financial advice.
All calculations are done locally in your browser.
A common rule is keeping housing under ~28–31% of gross income, and total debt under ~36–43% depending on program. This tool estimates ranges using your inputs.
Yes. Larger down payments reduce your loan amount, monthly payment, and may remove PMI sooner, increasing affordability.
Higher mortgage rates or property taxes raise monthly costs and reduce what you can afford. Adjust these inputs to see sensitivity for your region.
Use the Mortgage Calculator for payment details and Rent vs Buy to compare scenarios before you shop.