Tool
Affordability Calculator
How much home does your income, debt, and down payment support?
We back into the maximum home price you can afford using your DTI target, current rate, taxes, insurance, and any HOA. Shows front end and back end DTI so you can see whether the result is conservative or stretched.
Gross Monthly Income
$15,000
Existing Monthly Debt Payments
$800
Down Payment Available
$200,000
Interest Rate
6.50%
Property Tax Rate
1.18%
Homeowner's Insurance Rate
0.35%
Monthly HOA
$0
Target Back End DTI
43%
Conventional loans cap back end DTI around 43%, sometimes 45% with strong reserves and credit. FHA can go higher with compensating factors. Lower DTI targets mean more breathing room on the monthly payment.
Loan Term
You Can Afford a Home Up To
$910,272
Loan amount $710,272 at 6.50% over 30 years
Front end DTI
37.7%
housing only
Back end DTI
43.0%
all debts
Estimate only. Actual approval depends on credit score, reserves, employment history, and property type. Connect with a lender for a real pre approval.
A note on these calculators
These tools are for general planning and education. The numbers they produce are estimates, not guaranteed amounts, loan offers, or quotes.
We are licensed real estate agents at REALTY EXPERTS®. We are not licensed mortgage loan originators, tax advisors, financial advisors, or attorneys. The calculators on this site do not provide mortgage, tax, legal, or financial advice.
Your actual mortgage payment, closing costs, property taxes, and what you can afford depend on your specific situation including credit history, income, debt, lender underwriting standards, the property itself, and market conditions at the time of your transaction. Default values shown are illustrative.
For real numbers tied to your transaction, work with a licensed loan officer for financing, a CPA for tax guidance, and an attorney for legal questions. We are glad to refer you to trusted partners we work with regularly.
Equal Housing Opportunity. Information deemed reliable but not guaranteed. Subject to change without notice. CA DRE# 02195792 · 02221667 · 00584793.
Other tools
Mortgage Calculator
Run principal, interest, taxes, and HOA scenarios in real time.
Property Tax Calculator
Estimate annual taxes based on Alameda County rates.
Closing Cost Calculator
The line items beyond the purchase price.
Home Payment Estimator
Live estimates with property tax, insurance, HOA, and PMI.