Buying power
Explore a purchase budget using your income, debts and down payment.
Buying power
Adjust the assumptions below. Results are estimates in USD.
This is an estimate only and not a loan approval or commitment to lend.
Send Scenario for ReviewEnter annual income, monthly debts, down payment, interest rate, and estimated taxes/insurance/HOA.
The calculator uses a debt-to-income assumption to estimate available monthly housing payment.
Actual affordability depends on credit profile, loan program, reserves, property details, and current underwriting guidelines.
Many programs use different DTI limits. 43% is a common planning assumption, but actual approvals can be lower or higher depending on the file.
No. It is only a planning estimate. Full pre-approval requires documentation and underwriting review.
Often yes, because a larger down payment may reduce loan amount and monthly payment, but cash reserves and program rules also matter.
