Wenxin Ye

Denver home budget tool

How much house can I afford?

Estimate a comfortable home price and monthly housing payment from your income, debts, and down payment.

01

Income & debts

02

Loan & ownership costs

Tip: Colorado property taxes and HOA dues vary by address. A down payment below 20% may also require mortgage insurance (PMI).

Cash planning

How much money do you need beyond the down payment?

Down payment

A 20% down payment is not universally required. Loan programs have different eligibility and mortgage-insurance rules.

Earnest money and due diligence

Plan for earnest money, inspection, specialty testing, and appraisal. Timing and refund rights depend on the contract.

Closing costs and prepaids

Lender, title, settlement, recording, insurance, prepaid interest, and escrow can add to cash needed at closing.

Complete monthly cost

Include principal, interest, taxes, insurance, possible mortgage insurance, HOA, metro-district costs, utilities, and maintenance.

Reserves after closing

Keep a buffer for moving, appliances, deductibles, roof or HVAC work, and ordinary surprises.