How much house can I afford?

Find a home price that fits your income and debts, using the 28/36 rule lenders use.

$
$
Car, student loans, cards…
$
%
%
Per year, of the home price.
$
$
Budget

—

How to use the House Affordability Calculator tool

3 simple steps · under a minute

  1. 1

    Enter income and debts

    Type your gross yearly household income and your monthly debt payments.

  2. 2

    Add down payment and costs

    Enter your down payment, mortgage rate, property tax rate, insurance and HOA.

  3. 3

    See your price range

    Read the home price you can afford and the monthly payment it comes with.

About How much house can I afford?

How much house can I afford? Lenders usually answer with the 28/36 rule: your total housing payment should be no more than 28% of your gross monthly income, and all your debts together no more than 36%. This house affordability calculator applies that rule to your numbers to find a realistic price range.

The calculator works backwards from the payment you can afford, including property tax, homeowner’s insurance and HOA fees, to the home price that payment supports. A larger down payment or a lower interest rate raises your price range; existing debts such as car loans and student loans lower it.

Lender-style 28/36 rule

Uses the debt-to-income limits mortgage lenders apply, with conservative and stretch options.

Full housing cost

Counts principal, interest, property tax, insurance and HOA — not just the loan.

Instant price range

Change any number and see your affordable home price update straight away.

Frequently asked questions

What is the 28/36 rule?

Spend no more than 28% of gross monthly income on housing (mortgage, tax, insurance, HOA) and no more than 36% on all debts combined, including housing.

How much house can I afford on a $100,000 salary?

With modest debts, a 20% down payment and rates around 6–7%, often roughly $350,000–$450,000. Enter your own numbers above for a personal estimate.

Does my credit score matter?

Yes. A higher score usually gets a lower mortgage rate, which increases how much house you can afford.

Should I buy at the top of my range?

Not necessarily. Leave room for maintenance, savings and emergencies. The conservative setting gives a more comfortable budget.

Is this financial advice?

No. Lenders consider many other factors. Get pre-approved to know your exact budget.