How Much House Can I Afford? Calculator

Got a new baby on the way? Looking to move up in the world? Just how much house can you afford to purchase? Remember that most people qualify to purchase more house than they can realistically support.

This calculator informs you of the maximum recommended borrowing amount. We assume that you will purchase as much house as possible.

Please Provide Some Information

Annual Income (Please input without commas): $

Monthly Debt (Car payments, credit cards, student loan etc.) (Please input without commas): $

Cash in hand for down payment (Please input without commas): $

Property tax rate (1% = $1000/yr for 100K house): %

Home Insurance rate (0.5% = $500/yr for 100K house): %

Interest Rate: %

Length of Loan: 15 Years 30 Years