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Affordability planning

Home affordability calculator

Turn income, debts, cash available, rates, and ownership costs into a clear purchase range and comfort score.

Affordability planner

Work through income, cash, and ownership costs

Property tax, homeowners insurance, and HOA fees are optional. Leave any of these fields at 0 if you do not want them included in your affordability estimate.

Step 1

Income & debts

Step 2

Cash & loan

Step 3

Ownership costs

$
$
$
%

Freddie Mac PMMS 30-year fixed-rate mortgage average as of 2026-06-18. Adjust it to match your quote.

%

A 36% debt-to-income ratio is a common planning guideline, not an approval guarantee.

%

National effective property tax rate benchmark from ATTOM-referenced 2026 reporting. Set to 0 to exclude property tax.

%

Annual estimate as a percent of home price. Set to 0 to exclude insurance.

$

Set to 0 to exclude HOA fees.

Estimated affordable price

$477,438

Based on a 36.0% target debt-to-income ratio.

Comfort score

68/100

Est. DTI

36.0%

Balanced: Reasonable with cash reserves

Estimated monthly payment$3,100
Principal and interest$2,441
Estimated property tax$358
Estimated home insurance$139
HOAExcluded
Estimated PMI$161
Maximum housing payment$3,100
Estimated loan amount$387,438
Down payment assumption$90,000
Mortgage rate used6.47%
Property tax rate used0.9%
Insurance estimate used0.3%
Conservative range$429,695
Aggressive range$525,182
Gross monthly income$10,417
Total debt after housing$3,750
DTI target36.0%

These results are estimates only. Compare this planning estimate with lender quotes, local taxes, insurance quotes, HOA documents, and cash reserves.

The comfort score is a planning signal, not lender approval. Keep room for repairs, utilities, insurance changes, and savings.

Current presets: 6.47% mortgage rate, 0.9% property tax rate, and 36% DTI. Adjust them to match your situation.

Calculator glossary

What each affordability input means

Annual household income
Your estimated gross yearly income before taxes. The calculator converts this into gross monthly income.
Monthly debt
Recurring debt payments such as auto loans, student loans, minimum credit card payments, and personal loans.
Down payment
Cash you plan to put toward the purchase price. A larger down payment can reduce the loan amount and payment.
Mortgage interest rate
Freddie Mac PMMS 30-year fixed-rate mortgage average as of 2026-06-18. You can adjust the default to match a real lender quote.
Property tax rate
National effective property tax rate benchmark from ATTOM-referenced 2026 reporting. Property taxes vary locally, and setting this to 0 excludes tax from the estimate.
Home insurance estimate
A planning estimate for annual homeowners insurance as a percent of home price. Set it to 0 to exclude insurance.
HOA fee
Monthly homeowners association dues. Set this to 0 when the home has no HOA or you want to exclude HOA from the estimate.
Debt-to-income ratio
The share of gross monthly income going toward monthly debt plus the estimated housing payment. The 36% preset is a common planning guideline, not a guarantee of loan approval.
Estimated monthly payment
The estimated payment from principal and interest plus any included property tax, insurance, PMI, and HOA assumptions.
Estimated affordable home price
The estimated purchase price that fits the selected income, debt, down payment, mortgage rate, DTI, and optional ownership-cost assumptions.

Affordability while browsing

Use your affordability mindset on real home listings.

The YourHomeCosts Chrome extension estimates monthly payment and affordability fit directly on supported listing pages.

Affordability Calculator | Homeowner Hub