Find the maximum and recommended home price you can afford based on your income, existing debts, and down payment — computed instantly, with no mortgage interest calculated.
📂 Real Estate & Investing💵 Income & debts
🎚️ Budget targets
🏠 Recurring ownership costs (monthly)
Fill in the fields on the left with your own numbers, then press Calculate to see your result instantly. No sign-up required, and no data is sent anywhere.
Affordability is fundamentally a budget question before it's a price question: how much can your income and existing obligations reasonably support each month, and what does that translate to as a home price? This calculator starts from two commonly used ceilings — a housing-expense ratio (the share of gross income that goes to housing) and a total debt-to-income ratio (the share that goes to housing plus every other debt combined) — takes whichever is more restrictive, subtracts the recurring costs of actually owning a home (property tax, insurance, HOA, maintenance), and converts what's left into a home-price figure using a plain, disclosed multiple rather than any interest calculation. The result is a maximum price your budget can support, plus a more conservative recommended price with extra breathing room built in.
Looking at housing costs alone can be misleading if you're already carrying other debt — a car payment, student loan, or credit card balance all compete for the same income a lender or your own budget would otherwise put toward housing. That's exactly why this calculator checks two limits rather than one: the housing-expense ratio caps what fraction of income should go to housing in isolation, while the total debt-to-income ratio caps what fraction can go to housing plus everything else combined. Whichever ceiling is tighter in your specific situation is the one that actually governs your affordable budget.
Recurring ownership costs matter just as much as the price tag itself, and they're easy to underestimate before you actually own a place. Property tax and HOA fees are often fixed obligations regardless of how the purchase is financed, insurance is close to mandatory, and a realistic maintenance allowance protects against the common mistake of budgeting only for a bare-minimum payment and being caught off guard by the first major repair. Subtracting these costs before converting your budget into a price, rather than after, keeps the final number honest.
Because Ihsabha does not calculate mortgage or loan interest, the translation from monthly budget to home price uses a simple, disclosed multiple instead of an amortization formula — useful for comparing against a cash purchase or a known halal financing installment, but not a substitute for an actual quote from a Murabaha, Ijara, or Diminishing Musharaka provider, whose specific terms will determine your real monthly figure.
No. Ihsabha never calculates interest. This tool estimates how large a monthly housing budget your income and debts can support, then translates that budget into a home-price ceiling using a plain, disclosed 180-month multiple with no interest involved — it is not a loan pre-approval or lender calculation.
28% for housing expenses and 36% for total debt are commonly cited general guidelines used across the industry as a starting point, not a rule that applies to everyone. Adjust both sliders' underlying fields to match your own comfort level or a specific program's requirements.
The maximum figure uses your full calculated capacity. The recommended figure applies an additional margin (roughly 15% lower) so you have breathing room for costs that are easy to underestimate — repairs, rate changes on a financing installment, or a temporary income dip.
If your other monthly debts combined with a housing payment would exceed your total-debt-ratio limit, the calculator caps your housing budget at whatever room is left under that limit, even if the housing-ratio limit alone would allow more.
Yes — enter your recurring ownership costs (tax, insurance, HOA, maintenance) as usual, and use the calculator's affordable-price figure as a ceiling to check against the financing amount your Murabaha, Ijara, or Diminishing Musharaka provider quotes you.