🏠 MyPathToKeys

Homeownership Calculator

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Your Personalized Homebuying Calculator

Two steps: find your max budget, then stress-test a specific home.

How to use this tool:
  1. Fill in your income, debts, and savings on the left.
  2. See the max price you can afford at the top right — that's your shopping budget.
  3. Enter a home you're considering under "Target Home Price" to check whether it fits.

Target Home

Target Home Price
$250,000
$50,000$800,000
Down Payment
5%
3%30%
Down payment amount$12,500
Loan amount$237,500

Income & Debt

Annual Household Income
$60,000
$20,000$250,000
Monthly Rent (Current)
$1,500
$300$5,000
Total Existing Debt
$15,000
$0$100,000
Monthly Debt Payments
$400
$0$3,000

Savings

Current Savings
$8,000
$0$200,000
Monthly Savings Contribution
$500
$100$5,000

Max Home Price You Can Afford

$183,295

Based on the 28/36 rule lenders use: max 28% of income on housing, 36% on total debt.

Max loan amount

$174,130

Max monthly payment

$1,400

👆 This is your ceiling. Shop below it for comfort — then use the stress test below to check a specific home.

Stress Test a Specific Home
⚠️

Moderate — Review Debt

Your DTI is a bit high. Paying down debt before applying will improve your options.

Your Debt-to-Income ratio: 38% (ideal is under 36%)

Estimated Monthly Payment

$1,909

per month (total)

Principal & Interest$1,501
Property Tax & Insurance (est.)$250
PMI (removed at 20% equity)$158
vs. your current rent+$409/mo more

Timeline to Ready

Based on saving $500/mo toward your goal

You Need

$23,818

Down + closing + reserves

You Have

$8,000

Current savings

Still Need

$15,818

To save

Savings Scenarios

🚀 Optimistic (150% goal)1y 10m
📊 Realistic (on target)2y 8m
🐢 Conservative (60% goal)4y 5m

Bar = out of 60 months (5 years)

Down payment (5%)$12,500
Closing costs (est. 3%)$7,500
Emergency reserves (2 mo.)$3,818

Ready to take the next step?

Your numbers look promising. Start your guided journey to homeownership.

Start My Journey →