Home Affordability & Required Income Calculator

Texas-ready: 28/36 rule + full grid from 20% to 45%. Add your other bills. Results update live.

Quick presets:

Home price ($)

Down payment (%)

Interest rate (30-yr fixed, %)

Loan term (years)

Property tax rate (%/yr)

Tip: Texas often runs 1.6–2.3%

Home insurance ($/yr)

HOA dues ($/mo)

Include PMI if down < 20% (0.5%/yr est.)

Other monthly debts total ($) — auto-calcs from bills

Other Bills(Monthly) $0

Examples: car payment, credit cards, student loans, childcare, personal loans.

$1,200,000

$7,600

$1,812

$9,412

Property taxes (monthly)	$2,125
Insurance (monthly)	$292
HOA (monthly)	$250
PMI (monthly, est.)	$0
Housing share @ 28% rule	$33,614/mo
Total debt allowed @ 36% minus other bills	$33,614/mo

28/36 are guidelines. Lenders weigh credit, reserves, loan type, and local taxes/insurance.

Two views at each %: Housing-Only and Total-Debt (housing + other bills).

Min %

Max %

Income Grid (Annual)

% of Gross	Housing-Only Income	Total-Debt Income
—	—	—

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Planning <20% down? Use PMI toggle. Jumbo loans often require 6–12 months reserves.