Home Link Realty | Mortgage Affordability Calculator
HOME Link Realty
Simple planning tool for buyers who want a more realistic affordability estimate.
Home Link Realty Mortgage Affordability Calculator

Estimate a comfortable home price based on income, debt, and full monthly housing costs.

This calculator uses both a housing-payment cap and a total debt-to-income cap, then factors in taxes, insurance, HOA, down payment, and PMI so the result is more useful than a basic mortgage payment tool.

Your Numbers

Enter income and debt first, then adjust the loan assumptions. The calculator updates automatically and uses the lower of the two affordability limits.

Use income before taxes and deductions.
Credit cards, auto loans, student loans, personal loans, child support, etc. Exclude future housing payment.
If under 20%, PMI is added by default.
Use your expected note rate or a rough estimate.
Annual property taxes as a percent of home price.
Only applied when down payment is below 20%.
Common affordability target for monthly housing cost.
Housing + other monthly debts as a share of gross income.

What this calculator includes

  • Principal and interest
  • Estimated property taxes
  • Homeowners insurance
  • HOA dues
  • PMI when the down payment is under 20%
  • Existing monthly debts to keep the result anchored to total DTI
All calculations run in the browser.
Estimated max home price
$0
Enter your numbers to calculate.
Estimated loan amount $0 Purchase price minus down payment.
Monthly housing budget $0 Lower of housing cap and DTI cap.
Estimated cash to close $0 Down payment plus estimated closing costs.
Estimated monthly payment $0 Principal, interest, taxes, insurance, HOA, and PMI if needed.

Monthly payment breakdown

Principal & interest$0
Property taxes$0
Homeowners insurance$0
HOA dues$0
PMI$0
Total housing payment$0

Affordability snapshot

Housing ratio: 0% DTI: 0% PMI: not applied

Want help turning this estimate into a plan?

Use this as a planning tool, then book with Home Link Realty for next-step guidance around pricing, neighborhoods, timing, and connecting with the right lender.

Talk to our team