🏠 What income percentage is safe for housing and car payments?

Finn

This calculator helps you evaluate whether your proposed housing and vehicle costs fit safely within your take-home pay. Inspired by a real-world scenario, it compares your planned mortgage against a target percentage of your net income, showing exactly how much home you can afford and what you'd save by sticking to your budget. It's a strong remix that adds meaningful formula logic beyond the original, shifting from gross income limits to take-home pay ratios and factoring in Private Mortgage Insurance (PMI). Keep in mind that the math assumes a fixed 3.5% down payment and omits upfront FHA fees, which is a reasonable simplification for a high-level estimate.

Reviewed v26.10.0