How much house can you afford?

CAUTION: Do NOT rely on the results from this calculator to make financial decisions. Interest rates vary and the tax laws change regularly. Please contact us for assistance with your specific concerns.
Annual Income
Monthly Debt (Car payments, credit cards, student loan payment, etc.)
Cash on hand for down payment
Property tax rate (1% = /yr for $100K house)
Home Insurance rate (0.5% = /yr for $100K house)
Interest Rate (%)
Length of Loan (years)
Maximum PITI* Debt Ratio (%) - If unsure, leave as 28%
Maximum Total Debt Ratio (%) - If unsure, leave as 36%

*PITI = Principal, Interest, Taxes, and Insurance.
Debt ratio is dollar amount of payments to monthly income before taxes.
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