Housing Affordability Calculator

What is the Most Expensive House You Can Afford?
Annual Income
(before tax)
$
Down Payment
$
Interest Rate
%
Term of Loan
Pct of Income
(for housing)
%

This page will calculate the most expensive house you can afford based on your income and other factors.

This calculator is for fixed-rate mortgages. Adjustable-rate mortgages, or ARMs, may allow you to acheive lower payments in the short term. However, with ARMs, your monthly payment may increase if interest rates rise.

Note: 28% is the standard percentage of pre-tax income to spend on housing.