Free Home Buying Tool

How Much Home Can You Afford?

Estimate how much home you may be able to afford based on your income, down payment, interest rate, taxes, insurance, and monthly debts.

🏡 Estimate What You Can Afford

Interest Rate (Freddie Mac)

Auto-filled from current Freddie Mac average based on loan term. You can still override it.

Calculator defaults used behind the scenes: 0.60% property tax, $1,800/year insurance, 28% housing ratio, $0 HOA.

Estimated affordable home price

$300,000

A simple estimate based on your income, debts, down payment, and current rate.

Estimated comfortable monthly payment $1,833
Estimated loan amount $280,000
What’s included in this estimate
Annual insurance used $1,800
Housing ratio used 28%
HOA used $0

How this calculator works

This estimate uses a simple affordability model based on income, monthly debts, down payment, interest rate, property taxes, and insurance.

Why affordability matters

Knowing your budget helps you narrow your search, compare financing options, and avoid shopping outside your comfortable monthly payment range.