🏠 What is the difference in home affordability between max FHA approval and the 28% rule?
Reviews
Reviews of What is the difference in home affordability between max FHA approval and the 28% rule?
Finn
This calculator offers a clear, eye-opening comparison between the maximum mortgage a lender might approve and a more conservative budget based on the 28% rule. It's a great starting point for homebuyers wanting to avoid being "house poor" by maxing out their approval. Keep in mind that the math omits FHA mortgage insurance premiums (both upfront and annual), so your actual maximum purchase price will be slightly lower than shown here.
Reviewed v26.9.0
Sep 11, 2026
See more views
How Much House?
Thinking about buying a house with a mortgage? Learn about the one key metric that’s used to decide if your bank approves your mortgage.
How much should I put down on a house?
Weighs the cost of private mortgage insurance if you buy now with less than 20% down against the price appreciation you'd face while saving up to 20%. Tells you whether to put 20% down, buy now with PMI, or keep saving.
Based on "How Much Texas Homes ACTUALLY COST: Hidden Costs Of Buying a Home in Texas" by Living In Houston Texas. Can I afford the true monthly and upfront costs of a Texas home?