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How Much Can I Afford?

Use the following calculator to help you determine an affordable monthly payment so that you know what you can afford before you make an offer on the home you want to purchase.

Desired Mortgage


Term & Rate

Used an FHA loan before?

Property Taxes


Non-Mortgage Debt


The sum of the monthly mortgage, interest, tax and insurance payments must be equal or less than 50% of your gross (pre-taxes) monthly salary.

DISCLAIMER: The figures above are based upon FHA's debt-to-income ratio which is a ratio of total monthly debt payments (housing expense, installment debts, and so on) to gross monthly income. The FHA has determined the acceptable ratio to be 50% and it is used as a guide. In circumstances where the ratio exceeds 50%, the FHA automatic underwriter can consider the ratio in conjunction with all other credit factors. Calculations by this tool are believed to be accurate, yet are not guaranteed. Further review is necessary to obtain an exact qualification.

Note: This FHA affordability calculator provides a broad look at your monthly mortgage payments. To get a personalized quote from a trusted loan specialist get started online.

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