Determine Your Budget

How Much Home Can You Afford?

Enter your income, monthly debts and down payment to see an estimated home price and monthly payment. Open "Advanced Options" to fine-tune the interest rate, insurance and PMI for a more precise number.

Your Numbers

Annual Household Income

Total Monthly Debts (loans, credit cards, child support, etc.)

Loan Term

HOA Dues (monthly)

Down Payment

PMI typically Required Under 20% down

Property Tax (county, or look one up below)

0.81%

Interest Rate

Homeowners Insurance (annual)

PMI Rate (if down payment < 20%)

Affordable Home Price

Loan amount: $0

Estimated Monthly Payment (PITI)

Principal, interest, taxes & insurance

DTI/Comfort Level

36% · Comfortable

20% DTI

43% typical max

50%

Exceeds recommended debt-to-income ratio — most lenders cap comfortable qualifying around 43%. Approval above this line usually requires strong compensating factors (higher credit, reserves, or a VA/FHA program).

Down payment: 0% DTI ratio: 0%

Principal & Interest$0
Property Tax$0
Homeowners Insurance$0
HOA Dues$0
PMI$0
Total Monthly Payment$0

Your monthly debts already take up your full comfort-level budget at this income. Try a lower "Comfort Level," reduce monthly debts, or increase your down payment.

This calculator provides estimates for general planning purposes only and is not a loan offer, pre-approval, or guarantee of financing. County property tax rates shown are current public rates as of August 2026 and change annually with each locality's budget — always confirm the exact rate with the county before relying on it. Actual mortgage rates, insurance, HOA dues and qualification depend on your lender, credit profile and the specific property. For an accurate number, talk to a licensed lender and to 804Michael about current local market conditions.

How Much Home Can You Afford?

Real Life Real Estate,Let's Chat.

Real Life Real Estate,
Let's Chat.