If you're trying to determine how much you can afford to spend on a home, this calculator can help. It estimates the loan amount that you may expect to qualify for in today's market based on your current income and expenses.

To find out what you can afford to spend on a home, simply enter your monthly income, the down payment you're planning to spend, any current debt payments, and the term and interest rate of the loan for which you are planning to apply. Then click Calculate.

Monthly Income (before taxes):
Down Payment:
Monthly Debt Payments (automobile, credit card, and other personal debt):
Loan Term (in years):	years
Interest Rate:	%
Loan Amount:
Maximum Purchase Price (based on income & down payment):
Monthly Payments (based on monthly income at 36% DTI):
	Calculate

Notes about Sound Capital Investments Calculators:
This calculator does not take into consideration items such as property taxes, hazard insurance, Homeowners Association costs, or mortgage insurance. This calculator is provided for informational purposes only and Sound Capital Investments is not responsible for errors in calculations.

These calculations are based on borrowers with average/good credit scores.