6/25/25

Renter to Homeowner Scenario: How Much House Can You Afford?

How Much House Can I Afford? Home with wildflowers in the front garden

How Much House Can I Afford?

Enter your monthly rent to see what home price you could afford if you bought a house instead.

Calculation assumes your rent covers principal & interest only. Actual affordability may vary based on taxes, insurance, and other costs.


Disclaimer:
This calculator provides an estimate for educational purposes only and does not constitute financial advice. The calculation assumes your monthly rent would cover only the principal and interest of a mortgage. It does not include important costs such as local property taxes, homeowners insurance premiums, private mortgage insurance (PMI), HOA fees, or other potential expenses. Actual affordability may vary. Please consult with a qualified financial advisor or mortgage professional for a comprehensive assessment tailored to your situation.