How much House can You Afford? Home Affordability Calculator
How much house can you afford? A Mortgage Affordability Calculator factors your:
- Income & Debt
- Down Payment and Closing Costs
- Mortgage Rates
- Taxes & Insurance
To calculate your home purchase price.
Related Article: 'How Much House Can I Afford?'
Our Home Affordability Calculator has three different calculation options. You can calculate for:
- Annual Income
- Purchase Price
- Total Monthly Payment (Our favorite!)
Utilizing the 'calculate for total monthly payment' option is an ideal budgeting solution. Simply enter your total desired monthly payment including: Principal, Interest, Taxes, and Insurance, including any other relevant details into the home affordability calculator and it will determine your home purchase price based on that desired payment.