Home Affordability Calculator — How Much House Can You Afford?
Reviewed 2026-06-03 · FinCalc Hub Editorial
Lenders use the 28/36 rule: housing costs should stay under 28% of gross income, and total debt under 36%. Enter your numbers to estimate the home price you can realistically afford.
Home you can afford$341,606
Max monthly payment$2,333
Loan amount$301,606
Based on the 28/36 rule. Lenders also weigh credit, reserves, and PMI.
Frequently asked questions
- What is the 28/36 rule?
- Spend no more than 28% of gross monthly income on housing, and no more than 36% on total debt payments including housing.
- Why does my other debt matter?
- Car loans, student loans, and credit cards count toward your 36% limit, reducing how much you can borrow for a home.