Home Affordability Calculator

Housing ratio is a user scenario, not a lending rule. Other housing costs must be below the housing budget.

Your workbenchInputs are not stored

Result

Enter your values and run the tool to see your result.

Check the units, enter your values, and run the tool. Results follow the assumptions and method below.

Principal-and-interest budgetincome*ratio/100-taxinsurance

Budget-supported home price

((rate == 0) ? (income*ratio/100-taxinsurance)*months : (income*ratio/100-taxinsurance)*(1-(1+rate/1200)^(-months))/(rate/1200))+deposit