Estimate a planning-level home price from income, debts, down payment and loan assumptions.
Uses illustrative 28% housing and 36% total-debt ratios. Taxes, insurance, HOA fees, mortgage insurance and lender rules are not included, so real affordability may be lower.
The calculator takes the lower of two illustrative limits: 28% of gross monthly income for housing, or 36% of income for total monthly debt after subtracting existing recurring debts. It then converts that payment limit into a mortgage principal.
Lenders use their own underwriting rules, credit criteria, debt definitions, rate assumptions and required reserves. Treat this result as a scenario tool rather than an approval amount.
They are common illustrative budgeting guidelines: housing near 28% of gross income and total monthly debt near 36%. They are not universal lending limits.
Actual qualification can consider credit, taxes, insurance, loan type, reserves, other obligations and lender-specific debt-to-income limits.