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What house can I afford on $2,000 a month?

About $311,428
with 20% down at 6.5% over 30 years — payment includes principal, interest, property tax and insurance.

A $2,000/month all-in payment supports a home price of about $311,428 with 20% down at 6.5% over 30 years, including taxes and insurance.

Adjust the assumptions in the full calculator →

What this assumes

  • 20% down payment
  • 6.5% interest rate, 30-year fixed
  • $3,600/yr property tax and $1,500/yr home insurance
  • No HOA fee
  • Payment shown is full PITI (principal, interest, tax, insurance)

How the answer changes

Every figure below is computed by the same calculator that powers Mortgage Payment Calculator — change one assumption at a time.

Interest rate

Interest rateAnswer
5.5%$346,716
6%$328,347
6.5%$311,428
7%$295,959
7.5%$281,578

Down payment

Down paymentAnswer
5%$262,363
10%$276,865
15%$293,180
20%$311,428
25%$332,214

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