This is a calculator that lets you compute how much house you can afford based on income and debt. Annual Income: Gross Monthly Debt: (loans, bills, etc.) Down Payment: Property Tax Rate*: Home Insurance Rate*: Interest Rate: Term: 1 year 2 years 3 years 4 years 5 years 6 years 7 years 8 years 9 years 10 years 11 years 12 years 13 years 14 years 15 years 16 years 17 years 18 years 19 years 20 years 21 years 22 years 23 years 24 years 25 years 26 years 27 years 28 years 29 years 30 years * 1% = $1,000 / year for a $100,000 house