Affordability Calculator
This tool helps estimate a target price range. Actual qualification depends on full underwriting.
Advanced Affordability Calculator
Get a comprehensive analysis of what you can afford based on your financial situation
Maximum Affordable Home Price
$602,507.00
Down Payment
$120,501.40
Loan Amount
$482,005.60
Financial Information
3%20%30%
Estimated Monthly Payment
Principal & Interest$3,046.60
Property Tax$552.30
Home Insurance$150.00
HOA$0.00
Total Payment$3,748.90
Front-End DTI
31.2%
Back-End DTI
41.2%
Cash Needed at Closing
$138,576.61
Including estimated closing costs
Affordability Strength
Income Required by Home Price
Sensitivity Analysis
| Factor | Value | Affordable Price | Difference |
|---|---|---|---|
| Interest Rate | 5.5% | $626,821.00 | +$24,314.00 |
| Interest Rate | 6.0% | $593,584.00 | -$8,923.00 |
| Interest Rate | 6.5% | $562,990.00 | -$39,517.00 |
| Interest Rate | 7.0% | $534,984.00 | -$67,523.00 |
| Interest Rate | 7.5% | $508,988.00 | -$93,519.00 |
| Income Change | -$2,000.00 | $427,053.00 | -$175,454.00 |
| Income Change | -$1,000.00 | $495,022.00 | -$107,485.00 |
| Income Change | +$0.00 | $562,990.00 | -$39,517.00 |