What can you afford?
A rough ceiling based on your income, debts and down payment.
Estimated maximum home price
| Maximum mortgage | |
|---|---|
| Monthly payment at your rate | |
| Rate used to qualify (stress test) | |
| What limits you |
An estimate only. It assumes housing costs up to 39% of income and total debts up to 44%, qualified at your rate plus 2% or 5.25%, whichever is higher. It ignores mortgage default insurance and minimum down payment rules. Lenders set their own limits, so get a pre-approval before you shop.