Home Affordability Calculator
Enter income, debts, down payment, and rate to see a suggested price range aligned with common lender ratios on Jenzzy.
Inputs
Results
Enter values to see results.
Formula
Max payment ≈ (Income × DTI%) − Monthly debts
Lenders often cap housing payment near 28–36% of gross income minus existing obligations.
Example
- Monthly income: $7,916.67
- 28% housing: ≈ $2,217
- Max loan: ≈ $350,000= $350,000
Result: Roughly $390,000 home with $40,000 down
Frequently Asked Questions
What DTI do lenders use?
Many prefer total DTI under 43%; housing share often near 28%.
Include PMI?
Low down payments may add PMI—budget extra.
Property taxes?
Add estimated taxes and insurance to monthly housing cost.