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Home affordability

Affordability

Income and debts in, rough purchase budget out — for planning, not underwriting.

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DTI target

Default 28% housing / income.

Debt aware

Other monthly debts reduce capacity.

Max price

Loan plus down payment.

Use the calculator

Max housing payment

1460

Max loan

167703.47

Max home price

227703.47

How affordability is estimated

We cap housing payment at your DTI share of income minus other debts, then back into a loan size from rate and term.

Before you start

  • Lenders also look at credit, reserves, and back-end DTI.
  • Taxes and insurance reduce the PI you can afford.

Three steps

  1. 1

    Income & debts

    Monthly figures.

  2. 2

    Rate & down

    Expected mortgage terms.

  3. 3

    See budget

    Max loan and home price.