How do lenders decide how much I can afford?

Mostly your debt-to-income (DTI) ratio — your total monthly debts (including the new mortgage) divided by your gross monthly income. Many programs allow 43–50%. Your credit, down payment, and loan program matter too.

Does a VA or USDA loan change how much I can afford?

Yes — $0-down VA and USDA loans, and VA's flexible DTI, can meaningfully raise your buying power. This calculator is a starting point; let's tailor it to your program.

Is this a pre-approval?

No. It's a planning estimate. A real pre-approval verifies your income, credit, and assets — and it makes your offer far stronger. I can get you pre-approved quickly.

Calculator

Home Affordability Calculator

See how much home you may be able to afford based on your income, monthly debts, and down payment. Adjust your DTI and rate to explore your range.

Annual household income$Monthly debt payments$/moCar, student loans, credit-card minimums, etc.Down payment saved$

Interest rate%Max DTI%Many programs allow 43–50%.

You may afford up to

$407,398

Estimated maximum home price

Estimated max loan$387,398

Max monthly housing budget$2,904

Down payment$20,000

A planning estimate based on your income and debt-to-income ratio — not a pre-approval. VA and some programs allow higher DTIs and $0 down, which can change this number a lot. Let's get you a real pre-approval.

Questions

How do lenders decide how much I can afford?: Mostly your debt-to-income (DTI) ratio — your total monthly debts (including the new mortgage) divided by your gross monthly income. Many programs allow 43–50%. Your credit, down payment, and loan program matter too.
Does a VA or USDA loan change how much I can afford?: Yes — $0-down VA and USDA loans, and VA's flexible DTI, can meaningfully raise your buying power. This calculator is a starting point; let's tailor it to your program.
Is this a pre-approval?: No. It's a planning estimate. A real pre-approval verifies your income, credit, and assets — and it makes your offer far stronger. I can get you pre-approved quickly.

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Let's get you home.

Straight answers, no pressure — from someone who's done this for 30 years.

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