Compare calculators
Both calculators run independently — change the inputs on either side to compare results.
Home Affordability Calculator
Find the maximum home price you can afford based on your gross income, monthly debts, down payment, mortgage rate, and target debt-to-income ratio. Use it to set a realistic price ceiling before house-shopping or applying for pre-approval.
Mortgage Payment Calculator
Estimate the full monthly cost of owning a home — principal, interest, property tax, and homeowner's insurance — bundled into the single number lenders call PITI. Enter your loan amount, interest rate, loan term in years, annual property tax, and annual home insurance, and the calculator returns the monthly payment you would actually send (excluding PMI and HOA fees, which vary widely). This is the figure to compare against your monthly budget when deciding whether a home is affordable, and the figure mortgage lenders use to qualify you against debt-to-income limits.
Key differences
| Home Affordability Calculator | Mortgage Payment Calculator | |
|---|---|---|
| Category | Real Estate | Financial |
| Inputs required | 5 | 5 |
| Result | Maximum Home Price ($) | Monthly Payment (PITI) ($) |
| What it does | Find the maximum home price you can afford based on your gross income, monthly debts, down payment, mortgage rate, and target debt-to-income ratio. Use it to set a realistic price ceiling before house-shopping or applying for pre-approval. | Estimate the full monthly cost of owning a home — principal, interest, property tax, and homeowner's insurance — bundled into the single number lenders call PITI. Enter your loan amount, interest rate, loan term in years, annual property tax, and annual home insurance, and the calculator returns the monthly payment you would actually send (excluding PMI and HOA fees, which vary widely). This is the figure to compare against your monthly budget when deciding whether a home is affordable, and the figure mortgage lenders use to qualify you against debt-to-income limits. |