Free Tool
How much home can
you actually afford?
Not what the internet says. Not a guess. The same formula lenders use — run with your real numbers.
How lenders decide
The two ratios that determine what you qualify for
When you apply for a mortgage, lenders don't just look at your income. They look at two specific debt-to-income ratios that tell them how much of your paycheck is already committed to debt. Understanding these helps you know exactly where you stand before you ever talk to a lender.
Housing ratio
Your total housing payment (mortgage + taxes + insurance + PMI) should be no more than 28% of your gross monthly income. This is the first thing lenders check.
Total debt ratio
All your monthly debts combined (housing + car + student loans + credit cards) should be no more than 36–43% of gross income. FHA allows up to 50% in some cases.
What most people get wrong
Most online calculators show you the maximum you might qualify for. That's not the same as what you should spend. A lender approving you for $350,000 doesn't mean you'll be comfortable at $350,000. I always recommend targeting 20–25% of take-home pay for housing costs, not gross income. That leaves room for life — repairs, savings, emergencies, and actually enjoying your home.
What counts as "debt" to a lender?
Your Numbers
Find your affordability range
Uses the same formula lenders use. Pre-filled with today's rate.
Monthly gross: $5,417/mo
Car, student loans, credit card minimums, etc.
Don't have much saved? Check DPA programs →
28% front-end DTI — standard lender guideline
Recommended Max Home Price
$174,581
$1,517/mo total housing cost
Price Ranges
Conservative
Comfortable, low stress
Recommended
Right balance of home and life
Maximum
What you may qualify for
Your DTI Ratios
Estimates only. Actual qualification depends on credit, loan type, and lender guidelines.
Now let's make it real
Get pre-approved in 24–48 hours. Adreanne will connect you with the right lender for your situation.