Work backward from monthly income
Home Affordability Calculator
Use your income, monthly debts, cash available, and editable qualification assumptions to estimate a possible home-price range.
Your Home Affordability
Home Price
—Financial Summary
- Max Monthly Payment
- —
- Debt-to-Income Ratio
- —
- Down Payment
- —
- Loan Amount
- —
Monthly Payment Breakdown
- Principal & Interest
- —
- Prop. Tax
- —
- Insurance
- —
- Monthly HOA
- —
- Mortgage Insurance
- —
- Total Monthly Payment
- —
Estimates only; not a loan offer, approval, or commitment to lend. Eligibility, pricing, and program terms are confirmed by a licensed loan officer.
How to read this estimate
Lenders evaluate documented income, debts, credit, assets, occupancy, and the property. Ratios vary by program and borrower, so enter the planning ratios you want to test rather than treating a preset as approval.
Request a no-credit-pull quoteQuestions about this calculator
Is this affordability calculator a loan quote?
No. It is a planning estimate based only on the information and assumptions you enter.
Will using this calculator affect my credit?
No. The calculator does not request or pull a credit report.
Can a First Equity loan officer review my results?
Yes. Use “Send me these numbers” to securely attach your inputs and results to a follow-up request.