CalculatingWealth
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Affordability Calculator

How much house you can really afford based on income, debts and down payment.

Calculator

$
$

Car, student loans, credit cards

$
%
yrs
%

Conservative 36%, max 43%

Max home price
$419,705.97
Max loan
$379,705.97
Max P&I payment
$2,400.00
Monthly income
$7,916.67
Existing debts
$450.00

Conservative estimate — taxes, insurance, and PMI reduce affordability further. See the Mortgage Payment Calculator for true PITI cost.

What's next?

Refine your numbers, compare options, or explore the next step in your plan.

Save & track in your dashboard
Explore related tools
Mortgage Payment CalculatorRent vs Buy CalculatorAmortization Calculator

Tip: sign in to save unlimited scenarios and track your plans over time — free.

AI financial insights

Personalized, plain-English guidance generated from your numbers.

Unlimited generations — free

Your planning path

A guided sequence so each tool builds on the last.

0/4 steps
  1. Step 1
    Mortgage payment
    Lock in your monthly cost.
    Open
  2. Step 2
    Refinance check
    See if a lower rate saves you thousands.
    Open
  3. Step 3
    Invest the difference
    Turn savings into long-term growth.
    Open
  4. Step 4
    Retirement target
    Project when you can stop working.
    Open
Educational resources

Helpful financial resources

Tools that may support the planning behind your affordability calculator — picked for context, not promotion.

  • High-Yield Savings AccountPartnerAn interest-bearing account for short-term savings.Useful when building an emergency fund or holding cash you'll need within 1–3 years.
  • Budgeting WorkspacePartnerCategorises income and expenses across accounts.Helpful for users who want a clearer monthly cash-flow picture.
  • Insurance ComparisonPartnerSide-by-side quotes from multiple insurers.Helpful when evaluating term life, auto, or home coverage.

Some resources are partner links that may support the platform at no extra cost to you. All recommendations are educational in nature. Learn how we choose them.

Track this over time
Get a quiet nudge to revisit and compare updated numbers.
Smart for mortgages

Your complete mortgage toolkit

Based on your activity, these tools and guides pair perfectly with what you're calculating.

Refinance Calculator
See break-even months and lifetime savings from refinancing your mortgage.
Extra Payment Payoff
Calculate exactly how much faster — and cheaper — extra principal makes your loan.
Biweekly Payment Calculator
See how biweekly mortgage payments cut years off your loan.
Rent vs Buy Calculator
Decide whether renting or buying wins financially over your time horizon.

Mortgage strategy reading

Recommended next steps

Tools that pair naturally with this calculation.

Mortgage Payment Calculator
Monthly payment with taxes, insurance, HOA and PMI — the true cost of homeownership.
Rent vs Buy Calculator
Decide whether renting or buying wins financially over your time horizon.
Amortization Calculator
Full payoff schedule with principal vs interest, charts, extra payments, and PDF/CSV export.

Compare scenarios

See how different terms, rates, or contributions change the outcome — side by side.

Add a scenario to compare it against your current inputs.
Premium tool

View Full Amortization Schedule

Charts, monthly payoff timeline, extra-payment scenarios, 15 vs 30-year compare, CSV & PDF export.

Open schedule

How it works

The affordability calculator uses a standard formula refined for clarity and precision. Results update live as you change any input — try different scenarios to see how sensitive the answer is to each assumption.

Tips for accurate results

  • Use realistic, current values — don't round aggressively for inputs that matter.
  • Compare a few scenarios to see how sensitive the result is to your assumptions.
  • Save your results so you can track changes over time as your situation evolves.

Frequently asked questions

View Full Amortization Schedule