MORTGAGES · EDUCATIONAL SCENARIO
Home affordability calculator
Find the largest home price fitting both editable housing and total-debt ratios.
Your scenario
Method and exclusions
Find the largest home price fitting both editable housing and total-debt ratios. Includes principal, interest, proportional property tax, fixed insurance and entered HOA/mortgage insurance. Ratios are scenarios, not lender approval. Excludes closing costs and rate changes.
Supporting guidance: CFPB financial education (new tab). Guidance checked 28 October 2026; the arithmetic model remains our stated approximation.
How to use the result
Run a baseline, then change one assumption at a time. Compare the total cost or balance as well as the monthly amount. Keep excluded taxes, fees and product features on a separate checklist. Confirm decisions against actual provider documents.