Financial
House Affordability Calculator
Estimate the maximum home price you can afford using front-end and back-end DTI ratios.
Inputs
House Affordability Calculator
Result
Max home price
$307,823.74
- Max monthly payment (PITI)
- $2,100.00
- Loan amount
- $267,823.74
- Principal & interest
- $1,692.83
- Property tax (monthly)
- $282.17
- Insurance (monthly)
- $125.00
- Front-end limit
- $2,100.00
- Back-end limit (after debts)
- $2,200.00
How it's calculated
PITI ≤ min(income/12 × front, income/12 × back − debts); solve price = (PITI − ins + down·f) / (f + tax/12)
Common questions
What is DTI?
Debt-to-income ratio. Front-end = housing ÷ gross income. Back-end = (housing + other debts) ÷ gross income. Lenders typically want 28/36 conservatively.
Does this include PMI?
No. If your down payment is under 20%, add roughly 0.5–1% of the loan/year for PMI.
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