House Affordability Calculator

Estimate how much house you can afford based on your income, deposit, debts, interest rate and monthly housing budget.

Calculate House Affordability

Enter your income, deposit, debts and mortgage assumptions to estimate an affordable home price, monthly payment and loan size.

Annual Gross Income Monthly Debts / Loans Deposit / Down Payment Annual Interest Rate (%) Mortgage Term (Years) Max Housing Cost Rule Conservative — 25% of gross income Standard — 28% of gross income Stretch — 33% of gross income High — 36% of gross income Property Tax / Council Tax Per Month Insurance / Service Charges Per Month Other Housing Costs Per Month Currency GBP — £ USD — $ EUR — € CAD — C$ AUD — A$

Calculate Affordability Reset

Estimated Affordable House Price —

Estimated Mortgage Amount —

Affordability Status —

Monthly Mortgage Payment —

Total Monthly Housing Cost —

Debt-to-Income Ratio —

Deposit Percentage —

Your house affordability estimate will appear here.

What Is a House Affordability Calculator?

A house affordability calculator estimates the home price you may be able to afford using your income, deposit, debt payments, interest rate, mortgage term and expected monthly housing costs.

How This Calculator Works

This calculator uses a housing-cost rule to estimate a maximum monthly housing budget, subtracts recurring housing costs, then converts the remaining payment into an estimated mortgage amount. It adds your deposit to estimate an affordable house price.