How Much House Can You Afford? The following information is needed to calculate how much house you can afford to purchase. Worksheets have been provided to assist in your calculations. After providing the information, click on “Calculate” for your results. You can reset the values you entered by clicking on the “Reset Values” option.
Disclaimer: Fannie Mae does not prequalify borrowers, but we do provide tools such as this calculator that may help you on the path to homeownership. Remember, a lender decides on your mortgage application and loan amount, and lender calculations may vary from Fannie Mae calculations. Fannie Mae calculations are solely intended to provide ballpark estimates, not final or binding loan amounts.
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