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How Much House Can I Afford?
Based on gross income and current debts, using the standard 28/36 guideline lenders start from.
Before taxes — your full household income if you're buying together.
Car loans, student loans, credit card minimums, etc. Not rent.
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What is the 28/36 rule?
It's a lending guideline, not a law: housing costs (mortgage, taxes, insurance) should stay at or below 28% of your gross monthly income, and your total debt payments including housing shouldn't exceed 36%. Lenders use versions of this to decide how much they'll offer you.
We calculate both limits and show you the lower (more conservative) number, since that's the one that actually constrains what you can borrow.
This is a general guideline, not a loan pre-approval. Actual lending limits depend on your credit, down payment, and the specific lender.