Davis Team Buyer Tools

Home Affordability Calculator

Find out what you can comfortably afford in today’s market, or check whether a specific home fits your budget. Built for buyers across the Atlanta-to-Athens corridor.

Your Financial Picture

Adjust the values to match your situation.
Annual Household Income $95,000
$
Monthly Debt Payments $450
$
Down Payment $40,000
$
Interest Rate 6.5%
%
Loan Term 30 yr
yrs
Property Tax 1.00%
%/yr
Insurance (monthly) $125
$
HOA Fee (monthly) $0
$

Your Affordability

Based on the 28/36 lending rule.
Recommended Maximum Home Price
$380,000
Estimated monthly payment: $2,217
Conservative
$340K
$1,980/mo
Aggressive
$460K
$2,683/mo
Estimated Monthly Payment Breakdown
    Total Monthly $2,217

    The Home & Your Finances

    Enter the home price and your finances to see if it fits.
    Home Price $425,000
    $
    Down Payment $85,000 (20%)
    $
    Annual Household Income $110,000
    $
    Monthly Debt Payments $450
    $
    Interest Rate 6.5%
    %
    Loan Term 30 yr
    yrs
    Property Tax 1.00%
    %/yr
    Insurance (monthly) $140
    $
    HOA Fee (monthly) $0
    $

    Can You Afford It?

    Lenders typically follow the 28/36 rule.
    ✓
    Within Your Budget
    Housing DTI: 26%  ·  Total DTI: 31%
    Housing DTI
    26%
    Target ≤ 28%
    Total DTI
    31%
    Target ≤ 36%
    Cushion
    $210
    vs 28% rule
    Estimated Monthly Payment Breakdown
      Total Monthly (PITI) $2,485
      Ready For The Next Step?

      Let’s find the right home, from Atlanta to Athens.

      Whether you’re just starting to explore or ready to make an offer, the Davis Team will help you navigate Gwinnett, Walton, Barrow, and the surrounding markets with confidence. 19+ years, 500+ homes closed.

      Start Your Home Search
      Call or Text 770-833-5965
      No obligation · Results are illustrative

      Already own a home? Know what it’s worth first.

      If buying your next home means selling your current one, your budget starts with your equity. Get your free, no-pressure home value report below, or visit davisteamhomevalue.com.

      This calculator provides estimates for informational purposes only and is not a substitute for professional financial, mortgage, or real estate advice. Actual loan approval, terms, and interest rates depend on credit score, lender requirements, and current market conditions. Please consult a licensed mortgage professional for personalized guidance. Chris Davis, REALTOR®, the Davis Team at Keller Williams Atlanta Partners, GA License #327023.