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How Much House Can You Afford?

Before Tax Income
Down Payment
Mortgage Rate
Number of Years
You can afford a monthly payment of: $0.00
You can buy a house priced up to: $0.00
  • Note: This calculator uses the common banking figure of 28% when calculating how much of your income can be spent on housing. This figure may be higher or lower depending on the amount of debt you are carrying, the area of the country you are buying housing in, and other factors. Please contact your banker for more information.
  • Before Tax Income is the total of all your income before taxes. In this calculator you may use either your monthly income or your annual income. (Any number less than 10000 would be considered a monthly income figure.)
  • Down Payment is the amount of the down payment you have already saved.
  • Mortgage Rate is the interest rate the bank would charge you for your loan. In this calculator, you do not have to include the % sign.
  • Number of Years is the length of the mortgage you are considering.
  • Calculate When you press the Calculate button, the calculator will calculate the amount of housing you can afford.