Mortgage & Affordability Calculator
See exactly how much home you can afford, what every dollar of debt costs you in buying power, and the income you'd need to hit any target price. Adjust the assumptions and the numbers update live.
Your maximum purchase price
Max purchase price
$378,322
With $8,000/mo income and $800/mo in debts, you can finance a home up to about $378,322 at 6.5% over 30 years — a $2,800/mo total payment.
Lender max is $378,322; your comfortable ceiling is $297,253 — we'd shop closer to $297,253 (a $2,200/mo payment).
Max monthly the lender allows
$3,600
Minus your debts
−$800
Left for housing (PITI)
$2,800
PITI breakdown at $378,322
Ready to turn these numbers into a pre-approval?
I'll pressure-test your file against real lender guidelines and build a plan to grow your buying power. Curious about the other side of the equation? What's my home worth?
Figures assume a 30-year fixed mortgage (360 payments). The interest rate shown is an example for illustration only — it is not a quote, an offer, or a rate lock. Property taxes, homeowners insurance, and PMI are estimated as percentages and will vary by property, county, and carrier.
No HOA dues are modeled. If a property carries an HOA, that payment reduces the price you can qualify for. The debt-to-income (DTI) ratio shown is an assumption; the real limit is set by the lender's automated underwriting system (AUS) and can differ.
This is not a pre-approval or a commitment to lend. A licensed Mortgage Loan Originator (MLO) is not a CPA or an attorney; consult the appropriate professional for tax or legal advice. Georgia Dream down-payment assistance is capped at approximately $10,000 and is repaid upon sale or refinance.
Prepared by Alvin Slate · Success Lending · NMLS #2575831 · Equal Housing Lender.