Home Affordability Calculator
How much house can you afford? Enter your income, debts, down payment, and rate — we estimate your price range using the standard 28/36 debt-to-income guideline. Results update live.
Based on the standard 28/36 debt-to-income guideline. An educational estimate — lenders weigh credit, reserves, and program rules. Not a loan approval or financial advice.
Common questions
How much house can I afford?
A common guideline is the 28/36 rule: keep housing costs under about 28% of gross monthly income and total debt under about 36%. Our calculator applies that to your income, debts, down payment, and rate to estimate a price range. Lenders also weigh credit, reserves, and program rules.
What is the 28/36 rule?
It's a debt-to-income guideline: spend no more than ~28% of gross monthly income on housing (principal, interest, taxes, insurance) and no more than ~36% on total monthly debt including housing. Many lenders allow higher ratios for strong borrowers.
Is this a loan pre-approval?
No. It's an educational estimate. A lender's pre-approval reviews your credit, income, and assets and is the figure that counts when you make an offer.
This calculator provides educational estimates only, using figures you enter — it is not financial or lending advice or a loan approval. ListMyHomes.com is a licensed brokerage that acts only as a neutral facilitator. Consult a lender and a licensed professional for your situation.