How much home can I afford?
We work backwards from your income and existing debt to find the price range a lender will actually approve — not just a vibes-based number.
Target around $348,150. Estimated payment $2,400.00/mo.
What this means
The conservative range (90% / 110% of computed) covers room for HOA, utilities, and life. Lenders may approve more, but approval and affordability are different.
If your range looks low, the fastest movers are paying down monthly debt and increasing the down payment. Lowering the DTI target tightens; raising it loosens — but going above 43% pushes you into non-QM territory.
What each input does
We size your housing budget at your target debt-to-income (DTI) ratio, subtract existing monthly debt, then solve for the home price whose principal, interest, taxes, and insurance fit that budget at the rate you set.