Are you in the market for a new home? The Affordable House Calculator answers the question, "How much house can I afford?". Besides calculating how much housing you can afford, it will also calculate the percentage of the total cost you have available for the down payment.
The calculator considers your income as well as the (a) percentage of income you are willing to devote to housing; (b) the money you have available for a deposit; (c) taxes; (d) insurance and maintenance.
The calculator allows you to quickly do financial planning as it relates to a home purchase. What-ifs are fast and easy. Answer question such as what-if I increase the money available for a deposit by $5,000? Or what if I am willing to increase my housing costs by 2%?
Here's our online how much house can I afford calculator.
Download a trial of SolveIT! or AmortizeIT! to try this calculator.
No personal information required.