House Affordability Calculator
A common rule of thumb: keep your monthly mortgage payment at or below 25% of your gross monthly income — and use a 15-year fixed mortgage to build wealth faster.
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25% of your gross income
$1,750/mo
Maximum safe mortgage payment
Max Home Price
$250,894
Max Loan Amount
$200,894
Monthly Payment Cap
$1,750
25% of gross income
Down Payment
$50,000
19.9% of home price
Payment vs. Income
The 25% Rule
Keep your mortgage payment at or below 25% of your take-home pay (or gross income). Use a 15-year fixed-rate mortgage and put at least 10–20% down. This leaves room in your budget for retirement, emergencies, and enjoying life.