Home Affordability Calculator
Home Affordability
Your Income
$
$
Down Payment
$
%
Loan Details
%
Housing Expenses (Monthly)
$
$
$
$
DTI Limits
%
%
IRS • Freddie Mac • FHFA • CFPB
$0
Max Home Price
Based on your income & expenses
$0
Loan Amount
Purchase price minus down payment
$0
Total Monthly Payment
PITI + HOA + PMI
$0
Min Income Required
For this price at these rates
−1%
$0
Max Price at Lower Rate
Current
$0
Max Price at Your Rate
+1%
$0
Max Price at Higher Rate
Affordability by Down Payment
Monthly Payment Breakdown
💰 Down Payment
$60,000
20% of purchase price
🏦 Principal & Interest
$0
Monthly P&I at current rate
📋 Taxes & Insurance
$350
Property tax + insurance
📊 Back-End DTI
0.0%
Total debt ÷ gross income
Amortization Schedule Year 1-30
| Year | Start Balance | Principal Paid | Interest Paid | End Balance |
|---|
📚 Data Sources
- IRS — Mortgage interest deduction guidelines
- Freddie Mac PMMS — Current mortgage rate benchmarks
- FHFA — Conforming loan limits and housing data
- CFPB — Home buying guides