How much home can I afford?
Start from your income and debts, pick a comfort level, and see a realistic price range in seconds.
Estimated home price you can afford
$0
- Max total housing payment
- $0
- Principal and interest
- $0
- Estimated loan amount
- $0
- Down payment share
- 0%
For illustration only, based on a 30-year fixed loan and a back-end debt-to-income ratio. Actual approval depends on credit, program and underwriting.
How to read your result.
Debt-to-income ratio
Lenders compare your total monthly debts, including the new housing payment, to gross monthly income. 43% is a common comfortable ceiling.
Comfort beats maximum
The conservative setting leaves room for childcare, retirement savings and Florida's summer electric bills.
Taxes and insurance matter
Every $100 a month in taxes, insurance or HOA reduces your buying power by roughly $15,000 at sample rates.
Down payment stretches price
Savings add directly to price, and 20% down removes conventional mortgage insurance entirely.
Calculator questions.
Still wondering about something specific? Text or call and you will hear back from Marcus, usually within two hours.
Minimum payments on car loans, student loans, credit cards, personal loans and child support. Do not include utilities, phone bills or insurance.
Some programs allow it with strong credit and reserves, but it leaves little breathing room. I usually suggest planning closer to 43%.
Use gross income, before taxes and deductions. Self-employed borrowers should talk to me, because qualifying income is calculated differently.
A note from Marcus
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