How Much House Can I Afford?

Enter your financial details below. We'll show you a realistic home price range - not just what a lender will approve, but what you can actually afford comfortably.

Before taxes

Car loans, student loans, credit cards, etc.

Cash you have saved

Current average 30-year fixed rate

Ramsey mode always uses 15 years

Affects PMI estimate

PMI is added automatically when your down payment is below 20%.

⚠️ You can comfortably afford about $218,000, or roughly $1,776/month including taxes, insurance, and PMI.

Most financial advisors recommend the 28/36 rule. The gap between conservative and aggressive is $202,000, which shows how much long-term risk changes when you stretch your payment.

Estimates based on typical lending guidelines and national averages.

Max home price$217,958
Monthly payment$1,776
Loan amount$197,958
Down payment %9.2%

The standard 28/36 rule is the recommended range here, using a 30-year mortgage at an estimated 6.8% rate.

Saving for 20% down would lower your monthly cost and remove PMI.

Monthly breakdown

Principal & interest$1,284
Property tax$227
Insurance$150
PMI$115
Total$1,776

Three rules comparison

Details & assumptions

Debt impact

Every extra $100/month in debt trims this budget by about $13,000.

Interest rate impact

A 1% rate increase cuts this budget by about $16,000.

Assumptions

Property tax: 1.25%

Insurance: $150/month

PMI: 0.5%-1% annually depending on credit score

See results for common salary levels

$40K salary affordability$60K salary affordability$70K salary affordability$100K salary affordability$150K salary affordability$200K salary affordability