Find out what home price you can actually afford based on income, debts, and down payment.
Lenders use the 28/36 rule: housing costs should stay under 28% of gross monthly income (front-end), and total debt under 36% (back-end). We take the lower of those two limits as your maximum payment, work backwards to the loan that payment supports, and add your down payment to get the maximum home price.
The questions readers ask most about the home affordability calculator.