Mortgage Affordability by Income Calculator

Gross Annual Income ($)

DTI Ratio (%)

Interest Rate (%)

Loan Term

years

Down Payment (%)

How Much House Can You Afford?

Lenders typically use the 28/36 rule: your housing payment (PITI) should not exceed 28% of gross monthly income, and total debt payments should not exceed 36%. This calculator uses the front-end DTI ratio to determine the maximum home price you can afford based on your income.

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