Work out locally how much house you can afford: maximum price, loan and monthly payment from income, rate and term. No upload.
No. Everything runs in your browser - your file never leaves your device. How this is verifiable
The most important question before buying a property is: how much house can I actually afford? This calculator works backwards - from the affordable monthly payment to the possible purchase price. First the maximum monthly payment follows from your income times the housing cost ratio (a rule of thumb is about 35 percent of net income) minus existing loan payments. From that, the interest rate and the term give the maximum loan, and with your down payment the maximum price.
The calculation runs entirely locally in your browser, in pure JavaScript - nothing is uploaded and nothing is stored. The maximum loan is the present value of the maximum monthly payment over the term (the same annuity maths as in the loan calculator, just solved backwards). The maximum price is that loan plus your down payment. So you see at once how a larger down payment, a lower rate or a longer term changes your room to manoeuvre. Change an input and everything updates instantly.
An honest note: this is an orientation, not a financing commitment. Banks additionally check credit record, employment and a household budget, and usually require the closing costs to come from equity (see the closing-costs calculator). The housing cost ratio should stay conservative so that reserves and living costs are secure; 35 percent is an upper limit, not a target. Plan a buffer for maintenance and for rising rates after the fixed-rate period. Amounts in euros as an example. Not financing advice.
| Input formats | Form inputs (no file) |
|---|---|
| Processing | Locally in your browser (JavaScript) |
| File upload | None |
Limitations: An orientation, not a financing commitment. Banks also check creditworthiness and a household budget and usually require the closing costs from equity. Keep the housing cost ratio conservative (35 percent is an upper limit); plan a buffer for maintenance and rising rates. Amounts in euros as an example. Not financing advice.
No. The calculation runs entirely locally in the browser (pure JavaScript); nothing is sent or stored.
The share of net income that should at most go into the payment. A common rule of thumb is around 35 percent; more conservative is safer because reserves and living costs must remain.
No. The maximum price refers to loan plus down payment. The closing costs (around 10 percent) usually come on top from equity - work them out with the closing-costs calculator.
Because the down payment is added directly to the price, on top of the loan. More down payment also lowers the loan-to-value and often the rate.