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    HomeToolsMortgage Affordability
    Calculator

    Mortgage Affordability Calculator

    See how much home you can afford based on your income, debts, and credit score - and how improving your score changes your buying power.

    Income & Debts

    $80,000
    $30K$500K
    $400/mo
    $0$5,000

    Car payments, student loans, credit cards, etc.

    $40,000
    $5K$300K

    Credit Profile

    720 - Very Good
    580850
    Estimated Rate: 6.75% - Drag slider to see how score improvements reduce your rate
    30 years

    Score Impact on Buying Power

    ScoreEst. RateMonthly PmtBuying Power Δ
    760+6.50%$1,867+$7,527
    720+6.75%$1,867$0
    700+7.00%$1,867-$7,226
    680+7.25%$1,867-$14,166
    660+7.60%$1,867-$23,428
    620+8.10%$1,867-$35,803

    Maximum Home Price

    $327,800

    Based on 6.75% rate, 30-yr term

    Monthly Payment

    $1,867

    Max Loan Amount

    $287,800

    Total Interest

    $384,200

    Debt-to-Income

    34.0%

    Affordability Ranges

    Conservative (25% DTI)$296,964
    Moderate (36% DTI)$348,357
    Stretch (43% DTI)$420,307

    DTI Guidelines

    Front-end (housing only) (≤ 28%)✓ Within range
    Back-end (housing + debts) (≤ 43%)✓ Within range
    Preferred back-end (≤ 36%)✓ Within range
    Estimates based on conventional loan guidelines. Actual approval depends on lender, employment history, assets, and other factors. Consult a licensed mortgage professional.