Mortgage Affordability

The Mortgage Affordability Calculator estimates the maximum home price you can comfortably purchase given your gross income, existing monthly debts, available down payment, and expected interest rate. It applies standard lender guidelines — typically a front-end ratio of 28% and a back-end ratio of 36% — to determine your borrowing capacity. You can adjust these thresholds to match specific lender requirements or your personal comfort level. Knowing your affordability ceiling before house hunting prevents wasted time on properties outside your range and protects you from over-leveraging. The calculator also shows the recommended price, which leaves a buffer for maintenance, taxes, and unexpected expenses.