Enter your annual income, monthly debts, down payment, and interest rate to find out the maximum home price you can afford based on the 28/36 rule.
| $60,000 | $270,000 | $1,400 |
| $85,000 | $395,000 | $1,983 |
| $100,000 | $470,000 | $2,333 |
| $120,000 | $565,000 | $2,800 |
| $150,000 | $715,000 | $3,500 |
Just because a lender approves you for a certain amount doesn't mean you should borrow that much. The 28/36 rule provides a conservative framework, but your comfort level depends on your lifestyle, job stability, and other financial goals. Many financial advisors suggest keeping housing costs at 25% of take-home pay for a comfortable margin. Remember to factor in property taxes, insurance, maintenance, and potential HOA fees — these can easily add $500-$1,000/month to your true housing cost.
