US Home Affordability Calculator 2026
See how much house you can afford based on income, debts, down payment, and current mortgage rates.
Last updated: 2026-06-01
Your Finances
1.00 Lakh
Five Hundred
You Can Afford
Maximum Home Price
$332,682
Based on your income and debts
Loan Amount
$266,146
Down Payment
$66,536
Monthly Payment
$2,332
Affordability
good
Monthly Payment Breakdown
Monthly Costs
Income Analysis
Increase Your Buying Power
Pay Down Debt
Reducing monthly debt payments increases how much you qualify for.
Increase Down Payment
Larger down payment means smaller loan and no PMI at 20%.
Improve Credit Score
Better credit = lower interest rates = more buying power.
Hidden Costs to Consider
Ready to Start House Hunting?
Use our other calculators to complete your home buying analysis.
Data sources
Rates and thresholds on this page are based on official publications. Verify against the source for your specific circumstances.
- Consumer Financial Protection Bureau (CFPB) — verified 2026-06-01 · Mortgage payment and PITI guidance
Lenders use additional criteria (credit score, reserves, PMI). This is a planning tool, not a pre-approval.
Related guides
- How Much House Can You Afford? Complete Guide
Calculate your home buying budget with the 28/36 rule, understand DTI ratios, and find your true affordability.
- Rent vs Buy: Which is the Better Financial Decision?
Use our framework to decide whether renting or buying makes more sense for your situation.
- How Much Down Payment Do You Need?
Down payment requirements by loan type, PMI rules, and savings math for conventional, FHA, and VA loans.