Home Affordability Calculator
See how much home you can afford based on your income, debts, and down payment.
Your Financial Details
Know What You Can Afford?
Get a personalized pre-approval to confirm your buying power across our broad lender network.
Talk to an AdvisorStart Pre-ApprovalAll loans are subject to borrower qualification, underwriting approval, and program guidelines.
How to Use This Calculator
Understanding the Inputs
Annual Household Income: Your total gross (pre-tax) annual income from all sources. This is the starting point for determining your maximum monthly housing payment.
Monthly Debt Payments: Include all recurring monthly debts that show on your credit report — auto loans, student loans, credit card minimums, personal loans, etc. Do NOT include utilities, groceries, or subscriptions.
Max DTI Ratio: This controls how aggressively the calculator calculates your maximum payment. Different loan programs allow different DTI thresholds, and lender overlays may vary. Select the ratio that best reflects your target program.
What the Results Mean
The maximum home price shown is based on the debt-to-income ratio you selected, combined with your income, existing debts, and estimated costs. Your actual buying power may be higher or lower depending on the specific loan program, your credit profile, lender guidelines, and compensating factors.
Important Caveats
This calculator provides estimates only. DTI thresholds vary by loan program, lender, and underwriting path (automated vs. manual). Actual eligibility and pre-approval amounts depend on a full review of your financial profile. This is not a commitment to lend.
Calculator results are estimates only and are not a loan approval, offer to lend, or guarantee of rate, payment, or terms. Actual payment, rate, fees, and loan terms may vary based on borrower qualifications, lender guidelines, taxes, insurance, and other factors. Scout Financial Group Inc DBA Airus Lending is a licensed mortgage broker (NMLS #2187418).
Affordability FAQs
Debt-to-income ratio is the percentage of your gross monthly income that goes toward debt payments. Acceptable DTI limits vary by loan program, lender, and underwriting method.