Home Affordability Diagnostic v6.2.2

Designed for: Young professionals (22-29 years old) building wealth and planning their first home purchase

What Makes This Different

This isn't just a calculator—it's a diagnostic tool that assesses your complete financial picture. You'll receive a personalized readiness score, identify exactly what's holding you back, and get a prioritized action plan with dollar amounts attached to each recommendation.

Key Features

• Dual Target Analysis: Toggle between Comfortable (28% DTI) and Maximum (43% DTI) to see both scenarios
• Readiness Score: A-F grade based on income, debt, savings habits, and financial cushion
• Personalized Diagnosis: Specific insights on your strengths and areas needing attention
• Timeline Projections: See when you'll be ready for 3%, 5%, 10%, or 20% down payment
• Prioritized Action Plan: Ranked steps with estimated dollar impact
• True Cost Calculations: Includes estimated maintenance (1.5% annually) and utilities

Methodology

• 43% back-end DTI ratio (CFPB Qualified Mortgage standard)
• 28% front-end DTI ratio (traditional comfort guideline)
• 30-year fixed-rate mortgage amortization
• PMI at 0.75% annually for down payments under 20%
• Property insurance estimated at $100/month

Important Limitations

• Results are educational estimates, not lending decisions
• Actual approval depends on credit score and lender requirements
• Does not include closing costs (typically 2-5% of home price)
• Market conditions and rates change frequently

© 2026 Future Millionaire Playbook by Raymond Sura
All rights reserved.

Disclaimer: This tool provides estimates for educational purposes only. Consult a qualified financial advisor for personalized advice.

Two Price Targets, Not Just One

Most calculators show you the maximum a lender might approve. We show you both the maximum (43% DTI) and the comfortable target (28% DTI)—because what you can borrow isn't always what you should borrow.

What We Calculate:

• Maximum Price (43% DTI): The ceiling lenders typically approve
• Comfortable Price (28% DTI): Sustainable housing that leaves room for life
• Complete payment breakdown: principal, interest, taxes, insurance, PMI
• True monthly cost including maintenance and utilities

Why This Matters:

Buying at the maximum often leads to being "house poor"—owning a home but unable to save, invest, or handle emergencies. The comfortable target keeps you building wealth while owning your home.

Your Path to Homeownership—Mapped Out

Based on your current savings, monthly savings rate, and target home price, we calculate exactly when you'll be ready for each down payment strategy: 3%, 5%, 10%, and 20% down.

What We Project:

• Months to Ready: Specific timeline for each down payment option
• Debt Impact: How each $100/month in debt reduces buying power by ~$15,000
• Post-Purchase Cushion: Will you have emergency reserves after closing?
• PMI vs. Waiting: Cost of buying now with PMI vs. saving for 20% down

The Power of Knowing Your Timeline:

When you can see "Ready in 14 months for 20% down," you can plan with confidence. No guessing, no anxiety—just a clear path forward with specific milestones.

A Complete Financial Diagnostic

You'll receive more than numbers—you'll get a comprehensive assessment of your home-buying readiness with specific, prioritized actions to accelerate your timeline.

Your Personalized Report Includes:

• Readiness Score (A-F): Overall grade based on 4 key factors
• Category Breakdown: Income capacity, debt burden, savings discipline, financial cushion
• Diagnosis Cards: What's working, what needs attention, with dollar impacts
• Down Payment Comparison: Side-by-side analysis of 3%, 5%, 10%, 20% strategies
• Prioritized Action Plan: Ranked steps with estimated financial benefit

Take It With You:

Print your complete report to share with a financial advisor, mortgage lender, or partner. Everything is formatted professionally with clear recommendations and next steps.