We'll find the maximum home price you can comfortably afford
Your Maximum Affordable Price
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Based on 30% home slice ceiling (recommended)
All-In Monthly Cost
?Total monthly housing costs including mortgage, taxes, insurance, PMI (if applicable), utilities, maintenance, and HOA fees.
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Your Home Slice
?The percentage of your income this house would take. Think of it as your "home slice" of the income pie. We keep this at or under 30% so housing doesn't eat your whole pie.
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of income
Lender DTI (Reference)
?Debt-to-Income ratio that lenders use. Includes housing costs plus other debts. Lenders typically require this to be under 43%.
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Monthly Cost Breakdown at Max Price
Principal & Interest-
Property Tax (est.)
?Annual property tax divided by 12. Based on your area's tax rate and home value.-
Homeowners Insurance
?Protects your home and belongings. Estimated at 0.4% of home value annually.-
PMI
?Private Mortgage Insurance — required when down payment is less than 20%. Protects the lender.-
Utilities
?Estimated monthly utilities based on home size. We estimate square footage from the purchase price (~$200/sqft), then apply $0.18/sqft/month for electric, gas, water, trash, and internet. Capped between $150–$600/month.-
Maintenance (1% annually)
?Rule of thumb: budget 1% of home value per year for repairs and maintenance.-
HOA Fees
?Homeowners Association fees if applicable. Covers shared amenities and maintenance.-
TOTAL ALL-IN MONTHLY-
⚠️ Important Notes:
• This enforces BOTH your 30% home slice ceiling AND the typical 43% lender DTI limit
• If your down payment is less than 20%, PMI is included (adds ~$150–300/month)
• Just because you CAN afford this price doesn't mean you should max it out — leave room for life!