Affordability Calculator

Gross Monthly Income ($)

Other Monthly Debts ($)

Front-End DTI % (Housing)

Back-End DTI % (Total)

Down Payment %

Interest Rate % (annual)

Loan Term (years)

Annual Tax % of Price

Annual Home Insurance ($)

Monthly HOA ($)

Annual PMI % (if LTV ≥ 80%)

Max Search Price ($) (safety cap)

Upper bound for the solver. Increase if needed.

Results

Maximum Affordable Price$0

Down Payment$0

Loan Amount$0

LTV0%

Binding Constraint—

Monthly Principal & Interest$0

Monthly Taxes$0

Monthly Insurance$0

Monthly HOA$0

Monthly PMI$0

Estimated Total Housing Payment$0

The solver finds the highest price where Housing Payment ≤ min(Front-End Cap, Back-End Cap minus other debts). PMI applies when LTV ≥ 80%.