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🏠 Affordability Calculator

How Much Home Can You Afford?

Enter your income and debts to see your maximum home price, loan amount, and monthly payment.

Your Numbers

Annual Income $90,000
$20K$500K
Monthly Debts (car, cards, student loans) $600
$0$10K
Down Payment $40,000
$0$300K
Interest Rate 6.5%
2%12%

Heads up: This estimate excludes property taxes, homeowners insurance, HOA dues, and PMI. Leave room in your budget for those — they can add several hundred dollars to your true monthly housing cost.

Maximum Home Price
$455,000
Based on your income, debts & DTI
Max Loan Amount$415,000
Est. Monthly Payment (P&I)$2,625
Down Payment$40,000
DTI Used43%
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This calculator provides estimated buying power for illustration purposes only and excludes taxes, insurance, HOA, and PMI. Actual qualification depends on credit score, loan-to-value, property type, and lender terms. Contact us for a personalized pre-approval.

💡 Pro Tips

  • Paying down a car or credit card lowers your DTI and instantly boosts your buying power
  • A larger down payment raises your max home price dollar-for-dollar
  • Lenders judge affordability on DTI — your gross income vs. monthly debts
  • Remember to budget for taxes, insurance, and HOA on top of principal & interest

Calculators Estimate. We Pre-Approve.

This calculator gives you a solid sense of your buying power — but your true number depends on credit score, debts, and lender guidelines. We shop 50+ lenders to maximize what you qualify for.

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50+ Lenders Compared

We shop dozens of lenders simultaneously to find the program that stretches your buying power the furthest.

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Maximize Your Approval

Different lenders allow different DTI limits. As a broker, we match you to the one that qualifies you for more.

Pre-Approval in 24 Hours

Know your real buying power before you start shopping — fast and at no cost to you.

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Real Humans, No Robots

Talk to a licensed mortgage advisor 7 days a week, 9AM–9PM. We answer your calls.

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No credit pull required for pre-qualification

Liked the Numbers? Let's Make Them Real.

Apply in minutes and get a real pre-approval from our licensed advisors.

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Buying or Selling in Florida?

Leave your name, phone, and email and a Divito Real Estate agent will reach out — fast, friendly, no obligation.

Florida market note: With Florida's median single-family price at a record $432,000, running your true budget first keeps your home search realistic and focused.

How much house you can really afford in Florida

Affordability isn't just what a lender will approve — it's what fits your life. This calculator estimates your maximum home price and monthly payment from your income, debts, and down payment, so you shop in a range that's comfortable, not just possible. In Florida, remember to leave room for property taxes, insurance, and any HOA or CDD fees.

Starting your search with a realistic budget saves time and heartbreak. It also makes your offer stronger, because you'll move with confidence on the right home.

How the affordability estimate works

Enter your income, monthly debts, and down payment. We apply typical debt-to-income guidelines to estimate the home price and payment you can comfortably support.

Frequently asked questions

How much home can I afford on my income?

A common guideline keeps total housing around 28% of gross income and total debts near 36–43%, but your comfortable number depends on your full budget. The calculator gives a personalized estimate.

Does this include Florida taxes, insurance, and HOA?

Build these into your budget — Florida insurance and HOA/CDD fees can be significant, so leave room beyond the loan payment.

Is this a pre-approval?

No — it's an estimate. A lender pre-approval confirms what you qualify for; our agents can connect you when you're ready.

General information for Florida home buyers and sellers, not legal, tax, or lending advice. Figures are planning estimates; your final numbers come from your lender, title company, and closing agent.

Ready to make your move in Florida?

The numbers are the start — a local Divito Real Estate Group agent turns them into a plan across South Florida and the Treasure Coast.

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