House Affordability Calculator
A bank-grade assessment — enter your full financial picture to see how much house you can really afford.
Household Income
Total gross income
$120,000/yr
Existing Debts
Total monthly debt payments
$0/mo
Monthly Expenses
Essential
$
$
$
Insurance
$
Living
$
$
$
$
Savings & Retirement
$
$
Total monthly expenses
$3,800/mo
New Home Loan
6.5%
%
$
Banks test your ability to pay at higher rates
Max House Price
—
5.5× gross income
Max Borrowing
—
price minus deposit
Monthly Mortgage
—
at max borrowing
Debt-to-Income Ratio
—
—
0%
30%
40%
50%+
Deposit below 20%. Most banks require at least a 20% deposit. You may need a low-equity margin or lender's mortgage insurance.
Enter your details to see your affordability assessment.
Where your monthly income goes
Monthly budget breakdown
Need a quick estimate? Try the simple Affordability Calculator, or model payments with the Mortgage Calculator.