HOME SLICE
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🔍 Can I Afford This House?

Enter the home's price and your financial details to see your true affordability

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Select your credit range to get a rate estimate
Dollar Amount
Percentage
💡 Estimated closing costs: enter a purchase price to calculate

Your Results

Purchase Price
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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. Financial advisors recommend keeping this under 30%.
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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
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. -
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 -
💡 Understanding Your Home Slice:
Comfortable (≤30%): Housing is a healthy slice — plenty left for savings and life
Tight (30–38%): Manageable, but a bigger slice than ideal
House-poor risk (>38%): Housing eats too much of your pie — consider a lower price
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