Calculators
Affordability Calculator — how much house you can buy by program
See your max home price by program — Conventional, FHA, VA, USDA, Jumbo. Each branch applies the right DTI cap, PMI, MIP, funding fee, or guarantee fee.
How much house can I afford?
The Affordability Calculator estimates the highest home price you can finance, by loan program. It applies each program's specific DTI cap and mortgage-insurance or funding-fee rules so a Conventional, FHA, VA, USDA, and Jumbo estimate are directly comparable. Use it before house-hunting to set a realistic price ceiling — and to see which program stretches your budget furthest.
Frequently asked questions
What DTI ratio do mortgage lenders allow?+
DTI caps vary by program: Conventional and FHA typically allow up to 50%, VA up to 65% with strong residual income, USDA 41% (29% housing), and Jumbo 43%. The calculator applies each program's cap automatically.
Does PMI count against affordability?+
Yes. PMI on Conventional loans (under 20% down), MIP on FHA, and USDA guarantee fees all increase your monthly housing payment and reduce the home price you qualify for. The calculator builds them in.
Why does VA show a higher purchase price than Conventional?+
VA loans allow up to 65% DTI with no PMI and $0 down — so the same income often supports a meaningfully higher purchase price than a Conventional loan with 5–20% down and PMI.
Affordability Calculator
Max DTI applied: 50%
Max home price — CONVENTIONAL
$486,997
- Monthly payment
- $3,750
- Principal & interest
- $2,899
- Tax + insurance
- $571
- PMI
- $279
- Loan amount
- $446,997
- HOA
- $0
Ready to get a real pre-qualification?
Get pre-qualified in about 8 minutes — no credit pull.
Results are estimates for comparison only. Actual rates, fees, and payments depend on your credit, lender, and market conditions. Not a commitment to lend.
Key facts
- Programs covered
- Conventional, FHA, VA, USDA, Jumbo
- DTI caps
- Per-program (29–65%)
- Mortgage insurance
- Auto-applied per program
- Best for
- Buyers setting a budget
Loan program
Conventional Loan
See full program details, eligibility, and benefits.