Home Budget Calculator
Plan A Comfortable Home Budget In Denver, Colorado
Estimate a recommended monthly housing budget using the 28% housing guideline and the 36% debt-to-income guideline. Add income, savings, expenses, and debts to see a practical starting point for your home search.
Interactive Planning Tool
Home Budget Calculator
Enter your monthly numbers below. The recommended housing budget is the lower of the 28% and 36% guideline results.
Gross Monthly Income
Enter income before taxes.
Savings & Investments
Monthly contributions for planning context.
Monthly Expenses
Household expenses for both partners.
Monthly Debt Obligations
Use $0 for rent, mortgage, property taxes, or insurance unless those costs will continue after the new purchase.
Recommended Monthly Housing Budget
The monthly housing budget should account for principal, interest, property taxes, homeowners insurance, HOA dues, and private mortgage insurance when applicable.
The Rule Of 28%
This guideline suggests keeping total housing expenses at or below 28% of gross monthly income. Housing expenses generally include principal, interest, property taxes, homeowners insurance, HOA dues, and mortgage insurance when applicable.
The Rule Of 36%
This guideline suggests keeping total monthly debt payments, including the future housing payment, at or below 36% of gross monthly income. Existing rent or mortgage, student loans, credit card minimums, car loans, and other monthly debts reduce the amount available for a new housing payment.
Buyer Planning
A Budget Is A Starting Point
A comfortable home budget should leave room for closing costs, inspections, moving, repairs, maintenance, utilities, emergencies, and the lifestyle you want to preserve after buying.
Local Home Search
Compare Homes Across The Denver Area
Taxes, HOA dues, insurance needs, home age, and price points vary across Denver, Littleton, Lakewood, Arvada, Aurora, Broomfield, Englewood, Highlands Ranch, Lone Tree, and Westminster.
