28/36 Rule

How Much House Can I Afford?

Stop guessing. See exactly what home price and monthly payment you qualify for based on the strict 28/36 rule used by mortgage lenders.

Your Financial Profile

Car payments, student loans, minimum credit card payments.


Mortgage Assumptions

Maximum Home Price

$320,000

This results in a maximum monthly payment of $2,306

Estimated Payment Breakdown

Principal & Interest$1,770
Property Taxes (Est.)$320
Home Insurance (Est.)$100
Private Mortgage Ins. (PMI)$117
Total Monthly Payment$2,306

*You are paying PMI because your down payment is less than 20% of the home price.

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