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Home Affordability โ€” How Much Can You Borrow?

Calculate max home price from income, debts, and DTI limits. 28% front-end, 36% back-end.

Concept Fundamentals
$330,000
Max Home Price
$280,000
Max Loan
$2,303
Monthly Payment
33.6%
Back-End DTI

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28% front-end DTI 36% back-end DTI Budget 1-2% maintenance Keep emergency fund separate

Key figures
$330,000
Max Home Price
Key figure
$280,000
Max Loan
Key figure
$2,303
Monthly Payment
Key figure
33.6%
Back-End DTI
Key figure

Ready to run the numbers?

Why: What you qualify for โ‰  what you should spend. Consider lifestyle, savings, maintenance.

How: Max payment from DTI limits. Solve for max loan, add down payment for max home price.

28% front-end DTI36% back-end DTI
Sources:CFPBNAR

Run the calculator when you are ready.

Calculate Affordability

Home Affordability Calculator

How much house can you afford โ€ข DTI โ€ข Max loan

Sample Scenarios

Your Finances

Gross income
$
Car, student loans, etc.
$
Cash available
$
Expected rate
%
15 or 30
years
Annual rate
%
home_affordability.sh
CALCULATED
$ analyze --home-affordability
Max Home Price
$330,000
Max Loan
$280,000
Monthly Payment
$2,303
Back-End DTI
33.6%
Share:
Home Affordability Calculator
You Can Afford
$330,000
numbervibe.com

Affordability Range

Conservative (25%)

$300,000

Standard (28%)

$330,000

Aggressive (32%)

$370,000

Calculation Breakdown

Income Analysis

Annual Income$100,000
Monthly Income$8,333
Monthly Debts$500

DTI Limits

Max Housing (28%)$2,333
Max Total (36%)$3,000
Max Housing After Debts$2,500

Affordability

Down Payment$50,000
Max Home Price$330,000
Max Loan Amount$280,000
Monthly P+I$1,863
Monthly Tax/Insurance$440
Total Monthly$2,303

Your DTI Ratios

Front-End Ratio27.6%
Back-End Ratio33.6%

Get AI-Powered Analysis

Get personalized affordability advice.

Understanding DTI Ratios

Front-End Ratio (28%)

Housing costs (PITI) as % of gross income. Max 28% for conventional loans.

Back-End Ratio (36%)

All debt payments as % of gross income. Max 36% for conventional loans.

Key Takeaways

  • โ€ข What you qualify for โ‰  what you should spend
  • โ€ข Consider lifestyle, savings goals, job stability
  • โ€ข Budget for maintenance (1-2% of home value/year)
  • โ€ข Keep emergency fund separate from down payment
  • โ€ข FHA loans allow higher DTI (up to 43-50%)

This calculator provides estimates. Actual approval depends on credit, employment, and lender requirements.

For educational and informational purposes only. Verify with a qualified professional.

๐Ÿ’ก Money Facts

28%

Front-end DTI

โ€” Housing

36%

Back-end DTI

โ€” Total debt

1-2%

Maintenance/yr

โ€” Budget

๐Ÿ‘ˆ START HERE
โฌ…๏ธJump in and explore the concept!
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