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How much house can I afford?

Enter your income and debts. See the price the 28/36 rule allows, and the cities where the typical home fits it.1

By Sol Lakein. Updated November 2026.

Car, student loans, card minimums
30-year fixed. This week's average: 7.32%
Home price you can afford$424,594With $84,919 down
Monthly principal and interest$2,333/moCapped at 28% of gross pay
Loan amount$339,675

Property tax, insurance and HOA come on top of principal and interest and vary by address, so the price you can carry is lower once you add them.

Where the typical home fits that price

71 of 115 metros have a median listing price at or under $424,594.

How much house you can afford by salary

The 28/36 rule at 7.32% with 20% down and no other debt.1,2

Home affordability: questions people ask

How much house can I afford?

Under the 28/36 rule with 20% down at 7.32%, a $100,000 income supports a principal and interest payment of about $2,333 a month and a home around $424,594, before property tax and insurance.

What is the 28/36 rule?

A lender guideline: spend no more than 28% of gross monthly income on housing and no more than 36% on all debt payments combined, housing included.

Does the calculator include property tax and insurance?

No. It counts principal and interest only, because tax and insurance vary by address. Lenders include them in the 28%, so the price you can carry is lower once you add them.

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Notes on the numbers
  1. 1The 28/36 rule: housing payment up to 28% of gross monthly income, and all debt payments, housing included, up to 36%. Lenders count property tax and insurance inside the 28%; this calculator counts principal and interest only, so add those costs before you set a budget. Rate: Freddie Mac 30-year fixed average, week of October 22, 2026, 7.32%, 30-year fixed. Rate source
  2. 2Typical home: the median listing price for each metro, Realtor.com via FRED, September 2026.
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