How Much Home Can You Afford?
Enter income, monthly debts, and down payment saved to see a directional max home price.
How the estimate works
The calculation uses standard GDS (39%) and TDS (44%) debt-service ratios with an allowance for property tax and heat, the same framework lenders start from. Your real approved amount depends on credit history, the specific property, and the lender’s stress-test qualifying rate, so treat this as a planning number rather than a pre-approval.
Common questions
Is this the amount I would get pre-approved for?+
Not exactly. This is a directional estimate using standard debt-service ratios. A pre-approval pulls credit and verifies income and debts, which can move the number up or down.
What counts as a monthly debt payment?+
Car loans, credit card minimums, lines of credit, student loans, and any other recurring debt obligation reported on credit.
That's your ballpark. Want it confirmed?
A real pre-approval checks this number against actual lender rules, not just a formula.
