Budget Calculator
Analyze your income and expenses to determine how much house you can comfortably afford.
Monthly Income
Total Monthly Income:
$8,000
Monthly Expenses
Total Monthly Expenses:
$2,700
Available for Housing
$5,300
Recommended Allocation:
Housing Payment:
$2,240
Emergency Fund:
$1,530
Savings & Extra:
$1,530
Estimated Home Price Range:
$300K - $400K
Based on 28% debt-to-income ratio
Budgeting Tips
28/36 Rule
Spend no more than 28% of gross income on housing and 36% on total debt payments including housing.
Emergency Fund
Maintain 3-6 months of expenses in emergency savings before and after buying a home.
Hidden Costs
Factor in maintenance, repairs, HOA fees, and moving costs beyond your monthly payment.
Other Calculators
Mortgage Calculator
Calculate your monthly mortgage payment with taxes and insurance.
Calculate PaymentAffordability Calculator
Determine maximum home price based on income and debt ratios.
Check Affordability