How much house can you afford?

Affordability is a monthly budget, not a listing price. Two planning ratios are a useful start: one share of gross income for housing, and a larger share for housing plus the debts you already pay.

The tighter of those two limits is the budget. The home price is whatever price still fits after principal, interest, taxes, insurance, mortgage insurance, and HOA.

What this does not decide

A lender can approve more or less than a 28% and 36% plan. Credit, cash reserves, the property, and the loan program all matter. Use the estimate to walk into that process with a number you already understand.

If the price looks high, the usual levers are income, existing debts, the down payment, the rate, and the term. The calculator lets you move those without starting over.