Advanced Mortgage Affordability Calculator (2025 Edition)
See how much home you can afford, including taxes, insurance, and monthly obligations.
Use this advanced mortgage affordability calculator to estimate how much you can borrow for a home in 2025. It factors in your income, credit profile, debts, down payment, property taxes, and homeowners insurance, giving you a true picture of your potential mortgage budget.
Income & Loan Info
Car loans, student loans, credit cards
Property-Related Costs
Annual rate - auto-updated by state
Optional - leave at 0 if none
💡 All calculations are performed locally in your browser. No data is stored or shared.
Ready to Calculate Your Home Affordability
Enter your financial information on the left to get an instant estimate of how much home you can afford in 2025.
What Affects How Much House You Can Afford
Income: Your gross monthly income is the foundation of affordability calculations. Lenders typically look for stable, verifiable income.
Credit Score: Higher credit scores qualify for better interest rates, which significantly impacts monthly payments and total affordability.
Down Payment: Larger down payments reduce loan amounts, eliminate PMI, and improve approval odds. Aim for 20% to avoid private mortgage insurance.
Existing Debts: Monthly debt payments reduce the amount available for mortgage payments. Lower debt-to-income ratios improve affordability.
Interest Rates: Even small rate changes can significantly impact monthly payments and total home affordability.