What if?
What would change your answer?
Move the sliders to see how saving more, earning more or a lower mortgage rate changes the most you can afford, and how many Houston homes that opens up.
What if?
Move the sliders to see how saving more, earning more or a lower mortgage rate changes the most you can afford, and how many Houston homes that opens up.
Today
Top price you can afford
$175,972
$1,633 a month for housing
1,034 of 19,647 listed homes are in reach.
See these homesWhat if
Top price you can afford
$183,254
$1,633 a month for housing
1,132 homes in reach (+98, top price +$7,282).
See these homesEach extra $10,000 you save lifts your top price by about $7,282 (at today's income and rate). The curve bends where your down payment reaches 20% of the price and mortgage insurance drops off.
| Extra savings | Top price |
|---|---|
| +$0 | $175,972 |
| +$10,000 | $183,254 |
| +$20,000 | $198,362 |
| +$30,000 | $205,503 |
| +$40,000 | $212,644 |
| +$50,000 | $219,785 |
| +$60,000 | $226,926 |
| +$70,000 | $234,067 |
| +$80,000 | $241,209 |
| +$90,000 | $248,350 |
| +$100,000 | $255,491 |
This is our affordability formula only: housing at most 28% of income, or 36% with your debts, with your savings as the down payment and mortgage insurance under 20% down. Closing costs and HOA fees are not included. It is not a loan offer.
These are our starting assumptions, not a loan offer. You can change the interest rate and loan term in the controls on the results page. Use the numbers from your lender when you have them.