How much house can I afford?

This calculator presents two estimates, one standard and one aggressive, of how much house you can afford to buy. The aggressive example is for someone with exceptional credit and a strong financial picture. These estimates are based on your monthly income and debt, the amount of your down payment, and the interest rate.

After calculating, use the side-by-side comparison to see how changing any of the input values changes the house price. In particular, see what a big difference increasing your down payment can make. Re-calculate as many times as you like.

Gross Monthly income:	$
Monthly debt:	$
Interest rate:	%
Real estate tax:	% annually (1.375% is the average tax rate for the Cleveland market - some communities may be higher or lower)
Maintenance Fee:	$ annually (for condos)
Down payment:	of house price

	Standard	Aggressive
Sales Price:	$	$
Down Payment:	$	$
Loan Amount:	$	$

Calculators are provided as tools.
No calculation guarantees a loan or implies that a certain program is available.