Buying
Affordability Calculator
Lenders work backwards from your debt-to-income ratio. So does this.
Car loans, student loans, minimum credit card payments. Not rent, groceries or utilities.
Use a rate a lender actually quoted you. The starting value is a placeholder, not a market rate.
The share of gross monthly income going to all debt including the new housing payment. Limits vary by loan program and lender.
Estimated price range up to
$933,932
What you qualify for and what you want to spend are different numbers. This is the first one.
Qualifying depends on credit, employment history, reserves, and the loan program. This is an estimate for planning purposes only, not a loan offer, a pre-approval, or a guarantee of terms, costs, or proceeds. Your actual figures depend on your lender, your credit, the property, and the final contract. Talk to a lender for a real quote.