Home Affordability Calculator

Find your maximum home price using the 28/36 rule.

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Car, student loans, credit cards
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Maximum home price
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Based on 36% DTI guideline
Max Monthly Payment
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Max Loan Amount
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Conservative (28% rule)
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Down Payment %
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How much house can I afford?

The 28/36 rule is the most widely used affordability guideline. Keep housing costs under 28% of gross monthly income, and total debt under 36%. Lenders may approve you for more — but that doesn't mean you should borrow it.

How much house can I afford on $80k?
Using the 28% rule: $80k/year → $6,667/month → max housing of $1,867/month. With 6.75% rate and 10% down, that is roughly $270,000–$290,000.
What is the 28/36 rule?
Spend no more than 28% of gross income on housing and no more than 36% on all debt combined. Most lenders use 36% total DTI as the limit.
Does my down payment affect affordability?
Yes. A larger down payment reduces the loan needed, lowering monthly payments, and may eliminate PMI, increasing what you can afford.
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