Tell us a little about your finances and the type of property you’re looking to buy. We’ll help you understand how much house you may be able to afford.
Get pre-approved in 3 minutes
The next step is to get a Better basic pre-approval letter. It takes just 3 minutes online and won’t affect your credit score. You can print it out and share it with your real estate agent, or go back and re-run the numbers at any time.
What makes our calculator better?
Other online calculators use various rules of thumb to estimate how much you can afford, such as "you should never spend more than 43% of your income on a mortgage". We take a different approach. Our calculator takes your information, checks the latest interest rates, and runs a quick automated underwriting process based on the thousands of combinations of loan products and rates that are available to our borrowers.
Going house hunting? Get certainty.
If you’re ready to go house hunting in earnest, we strongly recommend upgrading to our Verified Pre-Approval Letter. You’ll provide us with a few documents (like pay stubs and tax statements) to support your stated amounts, and we can nearly guarantee how much you can get approved to borrow from Better. If you’re house hunting in a competitive market, this can give your offer an edge over other bidders. But don’t take our word for it.
“Being able to get pre-approved through Better.com really gave us a significant advantage over other buyers, the seller felt much more confident working with us.”
Bruno & Sabrina, home buyers in San Francisco, CA
Disclaimer: This calculator is made for illustrative purposes only. Accuracy is not guaranteed.
Erik Bernhardsson is CTO at Better and was previously Head of Machine Learning at Spotify.