Affordability Calculator
Based on income, DTI limit, and monthly debts. Enter exact amounts or use the sliders to update your estimated payment and price.
Your numbers
Max monthly housing payment (incl. est. taxes & insurance)
—
Est. max home price (approx.)
—
Rule of thumb: property tax ~2% of price ÷ 12.
Estimate assumes a ~7% rate, 30-year term, 5% down, ~2% property tax, ~0.5% homeowners insurance, and your selected DTI as the total debt cap. Excludes HOA and mortgage insurance. Not a pre-qualification.
- Gross monthly income—
- Monthly debts—
- DTI used—
Explore the details
Review the guidelines, down payment options, and tax considerations that determine your real Austin purchase budget.
First-Time Homebuyer Guide →
Step-by-step roadmap from initial credit check and pre-qualification through contract offer and closing.
Austin Affordability Guide →
Detailed examples across Austin, Round Rock, and Cedar Park factoring local tax rates and insurance.
Mortgage Payment Calculator →
Dive into specific price points with exact P&I calculations, property taxes, and homeowners insurance.
Conventional Loans Guide →
Examine automated underwriting DTI limits (up to 45–50%) and down payment requirements from 3%.