How Much House Can I Afford?

The most of your gross monthly income that should go to housing — mortgage payment, property taxes, insurance, PMI, and HOA combined. Lenders call this the front-end ratio; the traditional guideline is 28%.
The cap on ALL monthly debt payments combined — housing plus car loans, student loans, and credit-card minimums — as a share of gross monthly income. Lenders call this the back-end ratio; the traditional guideline is 36%. Your other debts are subtracted from it to find what's left for housing.

Property tax, insurance, and HOA assumptions carry over from the Calculator page. The 28% / 36% defaults are the standard lender rule of thumb.

You can afford a home up to

$354,886

Estimated housing payment $2,333.32/mo against a budget of $2,333.33/mo. The limiting factor is your housing budget (28% of income).