Buying

How much house can you afford?

Let's get you a working ballpark from your income, debts, and down payment. A real pre-approval looks at the whole picture, but this is a sensible place to stand while you think.

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Your numbers

Start with your best figures. If one of them is a guess, that's fine for a ballpark.

Gross monthly income ($) Before taxes, all borrowers combined. Monthly debt payments ($) Cars, cards, student loans. Don't count rent. Down payment available ($) Interest rate to test (%) A number you enter, not a rate we offer. Loan term (years) Estimated monthly taxes, insurance & HOA ($) Target share of income for all debts (%) Lenders call this DTI. A common planning range is 40 to 45. Many buyers feel more comfortable below that, and some programs go higher.

What this can show

It can frame a realistic price range, show how the payment splits between the loan and the taxes-and-insurance side, and make the first conversation faster.

What it can't decide

It doesn't know your credit, the property, mortgage insurance, program rules, or how an underwriter will count your income. It's not a pre-approval, so it carries no weight with a seller or lender.

Best next step

If the range looks workable, a pre-approval is the real test, and it can usually be completed the same day.

Want the real number?

A pre-approval beats a ballpark.

Tell me your situation and I'll tell you whether the range holds up, needs adjusting, or is ready for an application.

Get Eric's take Start Your Application

Educational calculator disclaimer

Educational estimate only. This tool uses the numbers you enter, including any rates you estimate, which are not rates offered by Bay Capital Mortgage Corporation. Nothing here is a quote, an offer, an interest rate, an APR, a pre-approval, or a commitment to make a loan. Your actual numbers depend on full underwriting and credit approval.

This estimate does not include mortgage insurance, and it does not cap the loan by property value or program limits. Income and debts are counted by underwriting rules, not by a slider.