ANDREW CARLSON
Affordability

How much house can you comfortably buy?

A quick estimate based on your income, debts, and down payment — using the same 28/36 rule lenders start from. No credit pull, no sign-up.

Annual household income$120,000
Monthly debt payments$550/mo
Car loans, student loans, credit cards, other minimums.
Cash for down payment$60,000
15% down on your max price.
Interest rate6.75%
Loan term
Local assumptions — tweak if you know yours
You could possibly buy up to
$410,042
$2,800/mo
Estimated payment
$350,042
Loan amount
33%
Debt-to-income

Monthly payment

$2,800
Principal & interest81%$2,270
Property tax15%$410
Home insurance4%$120
Estimate only. Uses the 28/36 qualifying rule and your assumptions above, and excludes PMI — expect that added to your payment with less than 20% down. Your final number depends on credit, loan program, and current rates. Not a loan commitment.
Down payment help

Your down payment may be smaller than you think.

There are programs that put money toward your down payment and closing costs — some forgiven entirely if you stay put. If any of these fit, we'd lower the down-payment slider above and your buying power goes up. Here are the big ones.

MHDC First Place

Up to 4%
First-time buyers & veterans

A below-market 30-year fixed loan with the option of a forgivable second mortgage — up to 4% of your loan amount toward down payment and closing costs. It's fully forgiven after 10 years in the home.

Learn more →

MHDC Next Step

Up to 4%
Not your first home? Start here

Built for buyers who aren't first-timers or land above First Place income limits. Same idea — a forgivable second mortgage up to 4% of the loan, forgiven over 10 years — with competitive fixed rates.

Learn more →

Cash Assistance Grant

$2,000
First-time buyers under income limits

A straight grant — up to $2,000 you don't repay — toward closing costs, for qualifying first-time buyers whose household income falls under the program cap.

Learn more →

Kansas City local funds

Up to $15K
City & county programs

Several metro cities and counties layer their own assistance on top — Kansas City first-time buyers can qualify for up to $15,000 in some areas. Funding is limited and moves fast.

Learn more →
Most programs ask for
640+ credit scoreA HUD-approved homebuyer courseAn MHDC-certified lenderIncome within county limits
Program terms, income caps, and funding change often and vary by county — figures here are for orientation, not a quote. Source: Missouri Housing Development Commission (mhdc.com). I'll point you to a certified lender to confirm what you qualify for.
Next step

A number's nice. A plan is better.

This estimate gets you in the ballpark. I'll connect you with a lender for a true pre-approval and start sending homes that fit — so you're ready to move when the right one shows up.

  • An intro to a local lender I trust
  • Homes in your range as they hit the market
  • Straight answers, zero pressure
No credit pull from me. No spam, no selling your info.