Estimate your home buying budget based on your income, expenses, and financial goals.
Your financial profile
4 of 4 sections complete
Tell us about your household earnings
Your primary monthly income before taxes
Side income, bonuses, rental income, etc.
Household Income
$2,000,000/month
Existing monthly debt payments
Student loans, personal loans, etc.
Total Monthly Debts
$0
Down payment, rate, and loan term
Expected annual interest rate from your lender
Property tax, insurance, and other rates
Annual rate of home value
Annual insurance rate
If down payment < 20%
HOA / Service Charges
Not included in this estimate. Budget separately for HOA and service charges when planning your monthly housing costs.
Recommended Home Budget
$52,964,211
Maximum: $55,751,801
Comfortable Monthly Payment
$560,000
Estimated Loan Amount
$45,751,801
Down Payment
$10,000,000
DTI Ratio
28.0%
Understand safe vs. aggressive buying decisions with these affordability bands.
$0 – $52,964,211
$52,964,211 – $55,751,801
Above $55,751,801
Affordability Score
GoodBased on your debt-to-income ratio relative to lender guidelines.
Housing Ratio
28.0%Recommended: < 28%
Debt-to-Income Ratio
28.0%Recommended: < 36%
Estimated Loan Amount
$45,751,801
Estimated Down Payment
$10,000,000
Estimated Monthly Mortgage
$560,000
Debt-to-Income Ratio
28.0%
Loan-to-Value Ratio
82.1%
How your monthly income is allocated
Monthly income $2,000,000. Breakdown: Housing Budget $560,000, Remaining Income $1,440,000.
Mortgage, debt, savings, and disposable income
Total monthly budget: $2,000,000. Breakdown: Mortgage $560,000, Savings $288,000, Disposable Income $1,152,000.
Total monthly outflow
$2,000,000
Increasing your down payment by 10% could raise your recommended budget by about $897,293.
Extending your term to 25 years could increase your recommended budget by $1,790,962.
At 28.0%, your debt-to-income ratio is at or below the 36% threshold most lenders use.
Compare how small changes to your finances could affect your buying power.
Recommended Budget
$52,964,211
Monthly Payment
$560,000
DTI Ratio
28.0%
Recommended Budget
$53,861,504
+$897,293Monthly Payment
$560,000
No changeDTI Ratio
28.0%
No changeRecommended Budget
$52,964,211
No changeMonthly Payment
$560,000
No changeDTI Ratio
28.0%
No changeRecommended Budget
$54,755,173
+$1,790,962Monthly Payment
$560,000
No changeDTI Ratio
28.0%
No changeYour buying power depends on income, existing debt, down payment, and interest rates. Higher income and larger down payments increase what you can afford, while more debt and higher rates reduce it.
DTI measures how much of your monthly income goes toward debt payments. Lenders typically want your total DTI below 36%, with housing costs alone under 28% of gross income.
Lenders assess affordability to ensure you can reliably make payments. A strong DTI and stable income history improve your chances of approval and may qualify you for better rates.
Pay down high-interest debt, save a larger down payment, improve your credit score, and compare rates from multiple lenders. Even small improvements can meaningfully expand your budget.
Browse properties within your budget or speak with a mortgage advisor to explore your options.
This calculator provides estimates only. Actual rates and terms may vary. Consult a financial advisor or mortgage broker for accurate quotes.