United States Home Affordability
Estimate how much home you can afford in the United States from income, debts and savings.
About United States Home Affordability
Uses a 36% back-end debt-to-income limit (housing payment + other debts) in the United States to back into the loan you can carry, then adds your down payment to get a target home price.
Formula
Price
Price = affordable loan + down payment
Worked example
With the default values below, United States Home Affordability returns Affordable Home Price of $497,169.21. Change any input above and every figure here is recalculated in your browser.
Inputs used
- Gross annual incomeminimum 0
- 120,000
- Monthly debtsminimum 0
- 900
- Down paymentminimum 0
- 70,000
- Mortgage rateaccepts 0–30
- 6.5
- Termone of 30 years, 15 years
- 30 years
Results
- Affordable Home Price
- $497,169.21
- Loan You Can Borrow
- $427,169.21
- Down Payment
- $70,000.00
- Max Monthly Payment
- $2,700.00
- Back-end DTI
- 36.0%
Step by step
- 1Values used
- 2Price
- 3Affordable Home Price= 497,169.21
- 4Loan You Can Borrow= 427,169.21
- 5Down Payment= 70,000.00
- 6Max Monthly Payment= 2,700.00
- 7Back-end DTI= 36.0
Assumptions and limits
- The result is derived only from the 5 inputs listed above. Anything not among them is not part of the calculation.
- In particular, this calculator does not take inflation, tax or fees or charges into account.
- Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
- Estimate — lenders also review credit, assets and reserves.
How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.
Estimate — lenders also review credit, assets and reserves.
Frequently Asked Questions
Can I afford more?
Some programs allow 43–50% DTI; a bigger down payment and lower rate both increase the affordable price.
How accurate is this estimate?
Rates are approximate reference values. Local rates, exemptions and rules can differ, so treat the output as a planning figure only.
Related Calculators
United States specifics
- Currency
- $ USDUS Dollar
- Region
- North America
- Country code
- US
- Amounts look like
- $1,234,567.89
- Dates look like
- Mar 9, 2026
- Units
- imperialWeek starts Sunday
In United States, imperial units are in everyday use.
Results on this page are expressed in USD (US Dollar). Figures are estimates for general planning — confirm current rates and thresholds with the relevant United States authority before relying on them.