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Home Affordability Calculator

FREE

Determine how much home you can afford based on income and debt

Real Estate & Major Purchases

Inputs

Enter your information

How It Works

1Enter your annual income and monthly debt payments
2Specify down payment and loan parameters
3Calculator uses 28/36 rule: max 28% for housing, 36% for total debt
4See maximum affordable price and recommended range

Assumptions

•Front-end ratio (housing/income): typically 28%
•Back-end ratio (total debt/income): typically 36%
•Property taxes and insurance remain constant
•Fixed interest rate for entire loan term

⚡Pro Features

✓Dynamic DTI adjustment based on career stage
✓Geographic cost-of-living adjustments
✓Future income projection for residents/fellows

Results

Fill in the inputs to see your results

Enter your data to calculate

How This Calculator Works

1Enter your annual income and monthly debt payments
2Specify down payment and loan parameters
3Calculator uses 28/36 rule: max 28% for housing, 36% for total debt
4See maximum affordable price and recommended range

⚡Unlock Pro Features

✓Dynamic DTI adjustment based on career stage
✓Geographic cost-of-living adjustments
✓Future income projection for residents/fellows

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