Build a complete home buying budget using your income, debts, and local tax rates. This budget builder is designed for first-time buyers and move-up buyers who want a realistic picture of what they can afford — not just what a lender will approve.
How It Works
Enter your gross annual income, monthly debts, and available down payment
The calculator applies standard DTI ratios (28% front-end, 43-50% back-end) to determine your max affordable home price
Local property tax rates and insurance estimates are factored into the total monthly cost
PMI is included automatically when the down payment is under 20%
Results show your max purchase price, estimated monthly payment, and a breakdown of all costs
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Payment Estimator — Calculate your monthly mortgage payment with live rates