Is affordability the same as approval?
No. Affordability is a personal budget decision. Approval applies verified income, credit, assets, debts, property details, and current program rules.
Virginia mortgage affordability calculator
Turn your budget into a starting home-price range.
Explore how income, monthly debts, cash, taxes, insurance, and a target debt-to-income ratio can shape a comfortable Virginia home-price range.
Buy calculator
Comfortable price
Turn income, debt, cash, and a target DTI into a starting home-price range.
Your estimate
Starting home-price estimate$461,752
Target total housing budget$3,200 / month
This is a planning range using the lower of your housing-ratio and total-DTI limits. Qualification can use different limits and verified income.
Want a human to check the assumptions and show the real loan options?
Review this scenarioWhat should a Hampton Roads buyer add to the estimate?
Include realistic homeowners and possible flood-insurance costs, commuting choices, association dues, utilities, maintenance, and the cash you want to keep after closing.