🏡 Home Affordability Calculator
Calculate affordable house price based on income and assets, and plan for home ownership.
Home Ownership Information
📌 Calculation Method
• Affordable Price = Equity + Loan Capacity
• Total Savings = Current Savings + (Monthly Savings × Period)
• Loan Capacity = Lower of DTI-based and LTV limit
• DTI (Debt-to-Income) = (Annual Loan Payment / Annual Income) × 100
• LTV (Loan-to-Value) = Percentage of house price
💡 Home Ownership Tips
• Prepare 20-30% of house price as equity
• Keep DTI within 40% for stability
• Monthly payment varies greatly by interest rate and period
• Consider additional costs: taxes, fees, commission
⚠️ Notes
• Actual loan capacity depends on credit score, income stability
• LTV, DTI regulations vary by policy and region
• This calculator is for reference - consult financial institutions
• Consider maintenance costs and management fees
• Affordable Price = Equity + Loan Capacity
• Total Savings = Current Savings + (Monthly Savings × Period)
• Loan Capacity = Lower of DTI-based and LTV limit
• DTI (Debt-to-Income) = (Annual Loan Payment / Annual Income) × 100
• LTV (Loan-to-Value) = Percentage of house price
💡 Home Ownership Tips
• Prepare 20-30% of house price as equity
• Keep DTI within 40% for stability
• Monthly payment varies greatly by interest rate and period
• Consider additional costs: taxes, fees, commission
⚠️ Notes
• Actual loan capacity depends on credit score, income stability
• LTV, DTI regulations vary by policy and region
• This calculator is for reference - consult financial institutions
• Consider maintenance costs and management fees