How Much House Can You Afford?

Mortgage Affordability Calculator

Use this calculator to determine how much house you can afford. By entering details about your income, down payment, ad monthly debts, you can estimate the mortgage amount that works with your budget.

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You can afford a house up to:

$393,539

Based on your income, a house at this price will easily fit your budget.

Your monthly payments $1,783

Total Spending Breakdown
Principal
292,159 / 37%
Interest
204,625 / 30%
Tax & Insurance
183,480 / 43%
Income
$5,833
Payment Schedule
Montly Payment*
$1,837
Principle
$514
Interest
$1,323
Principle paid at Year 0
$0 (0)
Interest paid at Year 5
$0
Balance left at Year 5
$0 (0)

*Monthly payment for the first month of year 5 in the payment schedule

* National average and state average are based on banks tracked by MyBankTracker.com. Rates are based on a FICO Score range of 660-740 unless otherwise specified.