What you can actually afford.

Adjust the inputs on the left. The right side updates live with your real max purchase price and monthly breakdown, including the FL-specific costs most lenders forget to mention.

How this calculator works

Most affordability calculators give you a number that ignores reality. This one starts from your comfort threshold (e.g. 32% of gross income) and works backward through Florida's actual costs to find the home price that fits.

1. Determine the housing budget. Gross monthly income × your comfort % (default 32%) = max monthly housing.
2. Subtract the fixed FL costs. Property tax, insurance, flood, HOA, these scale with home value (or are fixed). What's left is the budget for principal + interest.
3. Solve for loan amount. Given the leftover P&I budget, your interest rate, and term, calculate the loan principal that fits.
4. Add your down payment. Loan amount + down payment = max purchase price.

What this calculator doesn't include

• PMI, if you put down less than 20%, expect to add ~0.5–1% of the loan amount annually as PMI until you hit 20% equity.
• Special assessments, some condos and HOAs hit owners with one-time fees for big repairs (roof, paint, hurricane damage).
• Maintenance budget, FL homes need roughly 1–2% of value per year in upkeep. AC is the most common big-ticket repair.
• Future tax increases, your property tax is locked low the first year you buy, then can rise to true assessed value at year 2.