Housing Loan Affordability Calculator

Free housing loan affordability calculator to calculate how much you can afford, check eligibility, and plan repayment. Support for Singapore, Malaysia, Philippines (Pag-IBIG), India (SBI, HDFC, ICICI, Canara Bank, LIC) and more.

Income & Loan Information

Select Bank / Region

Annual Income ($)

Or Monthly Income ($)

Monthly Debt Payments ($)

Credit cards, car loans, student loans, etc.

Interest Rate (%)

Loan Term (years)

Down Payment Percentage (%)

Max Debt-to-Income Ratio (%)

Typical maximum is 43%

Property Tax Rate (% per year)

Home Insurance (annual $)

PMI Rate (% per year)

Required if down payment < 20%

HOA Fees (monthly $)

Affordability Results

Maximum Affordable Home Price

$610,000.00

Maximum Loan Amount

$488,000.00

Recommended Home Price

$549,000.00

90% of maximum (conservative)

Maximum Monthly Payment

$3,080.96

Recommended Monthly Payment Breakdown

Principal & Interest:$2,225.36

Property Tax:$457.50

Home Insurance:$100.00

Total Monthly Payment:$2,782.86

Debt-to-Income Ratio: 43.0%