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Mortgage affordability calculator

Estimate the home price your income and debts support, with front and back DTI limits, taxes, insurance, PMI, and closing costs included.

Enter income and a deposit to size the loan.

The ceiling answers one question: the largest price at which the full housing payment stays inside the front-end ratio and the payment plus your other debts stays inside the back-end ratio. It is a screening number, not a pre-approval. Lenders score credit history, employment, and reserve months differently, and many price above or below these benchmark ratios. Closing costs are added to the cash you need at closing, not financed into the loan. Taxes, insurance, and PMI are treated as level amounts for the whole term.
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Canonical HTML: https://nutter.tools/converters/mortgage-affordability-calculator
Markdown version: https://nutter.tools/converters/mortgage-affordability-calculator.md
Plain-text version: https://nutter.tools/converters/mortgage-affordability-calculator.txt
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