Home affordability calculator.
How much house can you afford? Enter your income, debts, and down payment.
How much house can you afford?
Conventional loans typically allow up to 45–50% DTI; FHA up to 50%; jumbo around 43%. Adjust the cap to match your loan type.
How affordability is calculated
Home affordability depends on your debt-to-income ratio (DTI) — the percentage of your gross monthly income that goes toward housing and all other debt payments. Most loan programs target a back-end DTI (total debts including housing) of 43–50%.
Conventional loans typically allow up to 45–50% DTI with strong compensating factors. FHA allows up to 50–57% with automated approval. VA can go higher with sufficient residual income. Jumbo loans are stricter — most lenders cap at 43% DTI.
Down payment
Down payment significantly affects what you can afford. A larger down payment reduces your loan amount and monthly P&I, potentially qualifying you for a higher purchase price within the same payment.
What homes cost in our markets
In Colorado's Front Range, median home prices range from $285,000 in Pueblo to $575,000 in Denver and $700,000+ in Boulder and resort markets. In Florida, prices range from $260,000 in Ocala to $625,000+ in Miami and $895,000+ in Marco Island.
This calculator is an estimate. Your actual qualifying amount depends on your full credit profile, income documentation, assets, and the specific loan program. Get your actual pre-approval amount from Tayton Capital.
Related: Mortgage payment calculator · DTI calculator · Get pre-approved
Get a personalized quote.
Real numbers from a licensed Colorado & Florida mortgage broker.