MoneyMetrica

Mortgage calculator

Mortgage Affordability Calculator

Estimate your maximum affordable home purchase price based on income, debt, and DTI.

Last reviewed
September 2026

Enter your details

Results update privately in your browser.

How we calculate

A transparent estimate you can inspect.

Formula

Calculates maximum affordable home price by solving for total monthly housing capacity (PITI + HOA) within your target Debt-to-Income (DTI) ratio minus existing monthly debt payments, combined with your available down payment.

Privacy

Your values are calculated locally and are not sent to a server by this calculator.

Use with care

Results are for informational purposes, not financial, tax, legal, lending, or investment advice.

Understanding your results

The result is a planning estimate based on the DTI and housing-cost assumptions you entered.

Assumptions and limitations

  • Not a lender approval amount.
  • Underwriting requirements vary by lender.

Common questions

Before you decide

Does this include every home cost?

No. Review the included fields and plan separately for maintenance, closing costs, and PMI where relevant.

Is this a loan offer?

No. It is an estimate, not lending or financial advice.