6.76% 30-year fixed national average as of September 10, 2026. The field is editable because an actual lender quote can differ.
View Freddie Mac source ↗
Let’s talk LEFEVRE Buyer Strategy · Raleigh, NC
How Much Home Can You
Comfortably Afford?
Build a practical Raleigh home-price range from your income, recurring debts, purchase cash, financing, and estimated ownership costs—then see what is shaping the number.
Assumptions reviewed September 13, 2026A planning range, not a preapproval
The rate and Raleigh ownership assumptions are editable. A licensed lender must determine actual loan eligibility, terms, and payment.
Build your range
Start with the big four.
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Planning estimate only—not a mortgage approval or prequalification. Results are informational, are not guarantees, and do not provide financial, lending, tax, legal, insurance, or investment advice. Actual qualification, rates, payments, taxes, insurance, mortgage insurance, HOA charges, and closing costs vary. Consult a licensed lender and other qualified professionals.
Sources & calculation methodology
CFPB defines DTI as monthly debt payments divided by gross monthly income and notes that limits vary by lender and loan product. The calculator’s ratios are editable planning guardrails—not approval rules.
View CFPB source ↗The default 0.9091% combines FY2027 county and municipal rates for a typical Raleigh parcel. Assessed value, jurisdiction, exemptions, and special districts can change the result.
Raleigh budget ↗Wake budget ↗The default is not a quote. Premiums vary by property, coverage, carrier, claims history, deductibles, and eligibility. Replace it with a property-specific quote before deciding.
View NCDOI context ↗Closing costs and maintenance are shown separately from the loan payment. They are generalized planning inputs, not settlement figures, repair forecasts, or lender-required reserves.
Calculation notes: Gross monthly income = annual household income ÷ 12. The monthly housing allowance is the lower of the selected housing allocation or the selected total-debt allocation after recurring monthly debt. Home price is solved from that allowance using fixed-rate amortization plus the entered tax, insurance, HOA, mortgage-insurance, and maintenance assumptions, then compared with the cash-supported price. The lower result becomes the scenario price. No field values are submitted, transmitted, added to a URL, or stored after the page is closed.
Complete calculator disclaimer
The LeFevre Real Estate Home Affordability Calculator is provided for general informational and educational planning only. Results are estimates based on user entries, cited public information, and generalized assumptions. They are not guarantees of affordability, loan eligibility, approval, terms, payment, purchasing power, property value, or future cost.
Nothing generated by this calculator constitutes a mortgage preapproval or prequalification, financial, legal, tax, accounting, insurance, investment, appraisal, or lending advice. Actual qualification and expenses can vary substantially based on income documentation, credit, assets, debt, loan program, lender requirements, interest rate, property, appraisal, taxes, insurance, HOA charges, maintenance, closing costs, market conditions, and other factors.
Rates, taxes, insurance premiums, property values, fees, and lending standards may change at any time. Independently verify all information and consult appropriately licensed lending, legal, tax, insurance, inspection, and real-estate professionals before making decisions.
Real-estate and third-party information is deemed reliable but is not guaranteed. Use of this calculator does not create an agency, fiduciary, advisory, lending, or other professional relationship with LeFevre Real Estate.
Equal Housing Opportunity.