How much house fits your budget?

Estimate a comfortable range and an upper guideline using your income, existing monthly debts, and financing details.

Your numbers

All fields required

Annual household income

Gross income before taxes

Monthly debt payments

Car, cards, student loans, support

Down payment

Interest rate

Loan term

What this estimate assumes

It sets aside 1.2% of the home price each year for property tax and 0.35% for homeowners insurance. It excludes mortgage insurance, HOA dues, closing costs, maintenance, and utilities.

28/36

Your range will appear here

The 28/36 guideline keeps housing near 28% of gross monthly income and all monthly debts near 36%.

Upper home-price guideline

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Stretching above the comfortable range

Estimated buying range

—Comfortable target —Upper guideline

Monthly housing cap

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Mortgage, estimated tax + insurance

Estimated mortgage

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Home price minus down payment

Principal + interest

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At the rate and term entered

Tax + insurance estimate

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Uses the assumptions above

Email my results

Explain these results

How the estimate works

Upper guideline: the lower of 28% of gross monthly income for housing or 36% for all debt after subtracting current monthly debts.

Comfortable target: a little more breathing room—the lower of 25% for housing or 33% for all debt after current monthly debts.

Important: lender approval can use different ratios and considers credit, taxes, insurance, reserves, loan type, and other details. A preapproval and a full monthly budget are better guides before shopping.

For informational and educational purposes only. This estimate is not lending, tax, legal, or investment advice, and it is not a loan offer or approval.