See how much home you can realistically afford, based on the same income-to-debt ratios mortgage lenders use to qualify buyers.
Based on lenders' standard 28/36 rule. An agent can help you find homes at this price and connect you with a lender for a real pre-approval.
Get Matched With a Buyer's AgentMost lenders qualify buyers using two ratios: your total housing payment shouldn't exceed 28% of your gross monthly income (the "front-end" ratio), and your total debt payments — housing plus car loans, student loans, and credit cards — shouldn't exceed 36% (the "back-end" ratio). We use whichever of the two caps your monthly housing budget lower, then work backward to a home price using your down payment, interest rate, property tax rate, insurance, and HOA dues.
This is an estimate, not a pre-approval — actual lending limits vary by lender, loan program (FHA, VA, and conventional loans all qualify buyers a little differently), and your credit profile.