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  • How much should my mortgage cost
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  • Total cost of mortgage over 30 years
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    How Much House Can I Afford?

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    House Affordability Calculator

    There are two House Affordability Calculators that can be used to estimate an affordable purchase amount for a house based on either household income-to-debt estimates or fixed monthly budgets.

    They are mainly intended for use by U.S. residents.



    House affordability based on fixed, monthly budgets

    This is a separate calculator used to estimate house affordability based on monthly allocations of a fixed amount for housing costs.



    In the U.S., conventional, FHA, and other mortgage lenders like to use two ratios, called the front-end and back-end ratios, to determine how much money they are willing to loan.

    They are basic debt-to-income ratios (DTI), albeit slightly different and explained below. For more information about or to do calculations involving debt-to-income ratios, please visit the Debt-to-Income (DTI) Ratio Calculator.

    Because they are used by lenders to assess the risk of lending to each home-buyer, home-buyers can strive to lower their DTI in order to not only be able to qualify for a mortgage

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