What Can You Afford?
What Can You Afford? Calculate your home buying power
Calculator and documents for affordability planning

Your Financial Profile

Maximum Home Price You Can Afford

$420,000

Based on 28% front-end DTI

DTI Analysis

Front-End DTI (Housing Only) — Max 28%

28%

Back-End DTI (All Debts) — Max 36%

36%

The Math

Monthly Gross Income $8,333
Max Housing Payment (28%) $2,333
Max Total Debt Payment (36%) $3,000
Available for Housing (back-end) $2,500
Estimated Taxes & Insurance $650
Max P&I Payment $1,683
Max Loan Amount $370,000
Max Home Price (front-end) $420,000
Max Home Price (back-end) $450,000

How DTI Ratios Work

Front-End DTI (28% Rule)

Your total housing expense (principal, interest, taxes, insurance) should not exceed 28% of your gross monthly income. This is the primary guideline most lenders use for qualifying borrowers.

Back-End DTI (36% Rule)

Your total monthly debt payments (housing + car loans + student loans + credit cards + other debts) should not exceed 36% of your gross monthly income. Some loan programs allow up to 43% or even 50%.

Get an Official Pre-Approval

This calculator provides estimates based on standard guidelines. A pre-approval gives you a verified number that sellers take seriously.

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Pre-Approval

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Documents Required

What you need to apply.

FHA Loans

Higher DTI limits available.