How much house can I afford?
Turn your gross income, monthly debts, and down payment into a realistic home-price target. The calculator budgets your payment the way lenders do — using debt-to-income limits — and includes taxes, insurance, and mortgage insurance where they apply. Free bilingual planning tool, not a loan approval.
Common questions
How do lenders decide how much house I can afford?
Mainly through your debt-to-income ratio (DTI): your total monthly debts — including the new house payment — measured against your gross monthly income. Many programs allow up to roughly 43%, some higher with strong compensating factors. This calculator applies that same budget logic to work backward from your income to a price range.
Does the affordability estimate include taxes and insurance?
Yes. It folds property taxes, homeowners insurance, and — when your down payment is under 20% or you choose FHA — mortgage insurance into the payment before solving for the price. Skipping those is how people fall in love with homes they can't actually carry.
Is this the same as a pre-approval?
No. It's a free estimate from the numbers you type in. A pre-approval verifies your income, credit, and documents and gives you a letter sellers take seriously. Miguel can walk you through one at no cost when you're ready.