Home Affordability

How much house can you afford based on income and the 28% rule?

Annual Income ($)

Monthly Debts ($)

Down Payment ($)

Interest Rate (%)

Loan Term

Monthly Tax + Insurance ($)

Max Home Price

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Max Monthly P&I

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Max Loan

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Back-End DTI

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Monthly Income

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How it works

The 28% rule says housing costs (PITI) should not exceed 28% of gross monthly income. The 36% rule says total debts (housing + other monthly obligations) should not exceed 36%. These are conservative guides, not hard limits.

For informational purposes only. Not financial advice.