Calculator
Home Affordability Calculator
Set your own DTI cap. The calculator backs out the largest principal-and-interest payment your income supports after taxes, insurance, HOA, PMI, and other debts, then converts that to a loan amount and price.
Max total debt = income × DTI cap. Max housing = max total debt − other debts. Max P&I = max housing − taxes − insurance − HOA − PMI. Max loan solves the standard amortization formula for principal.
Fixed rate for the full term. DTI cap and taxes/insurance/HOA/PMI are user-provided, not sourced from any live data.
Program-specific DTI limits, automated underwriting findings, reserves, and compensating factors are not modeled. Use as a directional planning range.
Last reviewed: pending review
Related guides and calculators
- Mortgage Payment Calculator
Estimate principal, interest, taxes, insurance, HOA, and PMI for a conventional loan using assumptions you control.
- Debt-to-Income (DTI) Calculator
Calculate front-end and back-end DTI ratios for conventional loan qualification.
- First-Time Home Buyer Guide
Conventional-loan options that may fit first-time buyers, and the decision factors that matter most.
Next step
Talk through your conventional loan scenario
Answer a few planning questions. Your request is stored for review by Bolt Home Loans, or call 844-777-BOLT for direct assistance.
Educational request only. Not an application, approval, preapproval, rate lock, or commitment to lend. Bolt Home Loans LLC, NMLS 2784913. Equal Housing Opportunity.