Mortgage affordability calculator
Work backwards from income, existing debts and a debt-to-income ceiling to the loan and home price that fit.
$
$
$
$
6.30%
30 yr
36%
Home price you can support
$375,038
$60,000 deposit included
Mortgage payment
$1,950
Plus $380 tax and insurance
- Loan amount
- $315,038
- Monthly housing budget
- $2,330
- Deposit as share of price
- 16.0%
- Gross monthly income
- $8,000
Lenders differ. This uses a debt-to-income ceiling you set yourself rather than one fixed rule.
How this is calculated
- · Lender criteria vary widely
- · Tax and insurance are entered by you, not estimated
Estimates only — not financial, tax or legal advice.