How much house can you afford?
Tell us how much you make, how much you've got for a downpayment, and your debt, and find out how far to stretch when home hunting.

HOME AFFORDABILITY About this calculator: • To arrive at an "affordable" home price, we followed the guidelines of most lenders. We've allowed a total debt-to-income ratio of no more than 36 percent. And we have assumed a housing payment-to-income ratio of 28% for our conservative estimate, and 33 percent for the aggressive one. Before buying, however, you should also factor in other savings needs, including retirement and college. • ASSUMPTIONS: We've assumed a 30-year mortgage term, annual property tax of $2,500 and homeowners insurance of $481 -- the national average. And we do not factor in private mortgage insurance, which you'll owe if your downpayment is less than 20 percent of the purchase price. It averages from $50 to $80 per month. Plug in your own numbers for more tailor-made results. Related stories • Buying a home 101 • Lining up cash • The hunt for a home • Closing the deal • Does it pay to remodel? More real estate tools • Mortgage payment estimator • Renovation wizard • Cost of living estimator

	Gross annual income:	$
	Downpayment amount:	$
	Monthly debt: (eg. student loan, credit card payments)	$
	Mortgage rate:		%
	Annual property taxes:	$
	Annual homeowner insurance:	$

		CONSERVATIVE	AGGRESSIVE
	Minimum house price:	$
	Loan amount:	$
	Monthly mortgage payment:	$
	Taxes/homeowner insurance:	$
	Total monthly payment:	$