United States·Updated for 2026·Figures in USD · before mortgage insurance
How Much House Can I Afford?
Find the home price your income can support. Enter your income, debts, down payment and mortgage rate, and see the price and monthly payment that keep you within the debt-to-income limits lenders use.
Your money
$
Before taxes, for everyone on the loan
$
Car, student and personal loans, minimum card payments
$
The loan and the home
%
years
Yearly, as a share of the home's value; check your county
%
$
From a quote
$
Enter your income and the mortgage rate. The home price you can afford, and the monthly payment, appear here as you type.
Calculating
Show the mathSee how this was worked outHide
Debt-to-income is your monthly debt payments, including the new housing payment, divided by your gross monthly income (CFPB). The limits are Fannie Mae's for conventional loans; other loan types and lenders differ. Mortgage insurance and closing costs are not included.
Updated ·Source: Fannie Mae and the CFPB·Runs entirely in your browser — nothing is uploaded
Last reviewed November 1, 2026. Debt-to-income limits are from Fannie Mae's Selling Guide (B3-6-02); the ratio is worked as the CFPB defines it.
A worked example
On $100,000 a year, gross monthly income is $8,333.33. At a 36% limit with $500 of other debts, $2,500.00 a month is left for housing. With $40,000 down, a 6.5% 30-year rate, 1% property tax and $1,800 a year of insurance, that supports a home of about $363,827: a $323,827 loan at $2,046.81 a month, plus $303.19 of property tax and $150.00 of insurance. These rate, tax and insurance figures are examples; use your own.
Home price by income
With the same example inputs ($500 of other debts, $40,000 down, 6.5% for 30 years, 1% property tax, $1,800 insurance):
Income
At 36% DTI
Monthly payment
At 45% DTI
Monthly payment
$50,000
$154,155
$1,000.00
$206,573
$1,374.99
$75,000
$258,991
$1,750.00
$337,618
$2,312.50
$100,000
$363,827
$2,500.00
$468,663
$3,249.99
$150,000
$573,500
$4,000.00
$730,754
$5,125.00
$200,000
$783,172
$5,499.99
$992,845
$7,000.00
What lenders look at
Your debt-to-income ratio is the starting point: all monthly debt payments, including the new mortgage, divided by gross monthly income. Fannie Mae allows up to 36% for manually underwritten loans, up to 45% with strong credit and reserves, and up to 50% through its automated system. Lenders also weigh your credit history, savings and the loan type, and government-backed loans have their own rules.
It depends on your other debts, down payment, rate and local costs. As an example, on $100,000 a year with $500 of other monthly debts, $40,000 down, a 6.5% rate, 1% property tax and $1,800 a year of insurance, a 36% debt-to-income limit supports a home of about $363,827.
What is a debt-to-income ratio?
All your monthly debt payments, including the new mortgage payment, divided by your gross monthly income, according to the CFPB. A $2,000 total of monthly debts on a $6,000 monthly income is a 33% ratio.
What debt-to-income ratio do lenders allow?
It differs by lender and loan type. Fannie Mae's Selling Guide sets a 36% maximum for manually underwritten conventional loans, up to 45% with the required credit score and reserves, and up to 50% for loans approved through its Desktop Underwriter system.
Does this include mortgage insurance and closing costs?
No. If you put less than 20% down on a conventional loan, lenders may require private mortgage insurance, which adds to the monthly payment. Closing costs are paid up front. Both lower the price you can comfortably afford.
Should I borrow the most I am approved for?
Not necessarily. The limit is the most a lender will allow, not a budget. Leave room for savings, repairs, maintenance and other goals.
