Home Affordability Calculator
Find out how much home you can afford based on your income, debts, and down payment.
Loan Type
Conventional: 43% front-end / 50% back-end DTI limits
Income & Debts
Car loans, student loans, credit cards, etc.
Loan Details
Conventional minimum: 3–5%
California avg ~1.25%
Estimated Maximum Home Price
$590,378
Based on conventional lending guidelines
A conservative budget is typically 75–80% of the maximum to maintain financial flexibility.
Max Loan Amount
$531,341
Down Payment Needed
$59,038
Est. Monthly Payment
$4,300
Monthly Income
$10,000
Monthly Payment Breakdown
Debt-to-Income Ratios
Lenders use DTI to evaluate how much of your income goes toward debt payments.Your front-end DTI is the limiting factor.
Front-End DTI
Housing costs ÷ gross monthly income. Includes P&I, taxes, and insurance.
Back-End DTI
All monthly debts ÷ gross monthly income. Includes housing + car, student loans, credit cards, etc.
Down Payment Scenarios
| Down Payment | Max Home Price | Down Amt Needed | Monthly Payment |
|---|---|---|---|
| 3.5% | $556,163 | $19,466 | $4,300/mo |
| 5% | $563,702 | $28,185 | $4,300/mo |
| 10%selected | $590,378 | $59,038 | $4,300/mo |
| 15% | $619,705 | $92,956 | $4,300/mo |
| 20% | $652,097 | $130,419 | $4,300/mo |
This calculator is provided for educational and informational purposes only. Results are estimates based on standard debt-to-income guidelines and the assumptions you enter. Actual loan qualification depends on credit score, employment history, assets, lender overlays, and other factors not captured here. This does not constitute a loan offer or commitment. Contact Patron Mortgage for a personalized pre-qualification. Patron Mortgage. NMLS 1747739.
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