VA Affordability Calculator
Model a purchase price from your selected DTI and supplied inputs.
Enter your own assumed interest rate above to see estimated results.
We do not publish or preload rates. Any rate you enter is your own assumption, not a quoted or available rate.
Educational estimate only—not a Loan Estimate, credit decision, commitment to lend, or guarantee. Actual eligibility, rates, fees, payments, and terms may differ.
How to read the affordability estimate
Purpose and assumptions
The model divides gross annual income by 12, multiplies that monthly amount by the selected DTI, and subtracts monthly nonhousing debts. It then solves for a purchase price whose principal, interest, taxes, and insurance fit the remaining modeled housing allowance.
It assumes a 30-year purchase, $0 down, full entitlement, a financed first-use funding fee, and the annual tax and insurance percentages you enter. The rate is entirely user supplied.
Interpretation and next step
Treat the result as a planning range, not a maximum approval. VA underwriting also considers residual income, credit history, verified income and debts, occupancy, entitlement, and the property.
HOA dues, closing costs, lender pricing, maintenance, utilities, and transaction-specific adjustments are not included. Next, price a real property with the payment calculator and have a licensed loan officer verify your documents.
Inputs to verify
- Gross annual income before taxes
- Monthly minimum debt payments
- A user-supplied annual rate
- Annual property-tax and insurance percentages
- A selected DTI planning assumption
Reading the output
Use income that could be documented for underwriting rather than an informal take-home estimate, and enter recurring minimum debt obligations in monthly dollars. Tax and insurance entries are annual percentages of price, not monthly bills. HOA dues are omitted, so move the modeled price to the payment calculator when a property has an association. A lender separately verifies qualifying income, debts, credit, VA residual income, eligibility, and cash needed to close.
How the housing budget is calculated
$96,000 of hypothetical yearly income divided by 12 is $8,000 monthly. A selected 41% assumption produces a $3,280 total monthly debt budget. Subtracting $600 of nonhousing debts leaves a $2,680 modeled housing allowance. The calculator then uses the supplied rate, tax, insurance, and financed-fee assumptions to solve for price. The 41% is an input example—not an approval threshold.