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How Much House Can I Afford?
Enter your income and monthly debts to see an estimated price range for a home in Sioux Falls.
Affordability Calculator
Your numbers
Debts: car loans, student loans, credit card minimums, child support. Not rent, utilities or groceries.
An estimate only, not a loan approval. It uses a 30-year fixed loan, your chosen share of income for all monthly debts (36%, 43% or 45%), and adds an estimated 0.5%/yr mortgage insurance when the down payment is under 20%. The default rate is near the Freddie Mac national average for late October 2026; use your lender’s quote. Property taxes vary by home.
Estimated home price you can afford
$0
- Monthly payment
- $0
- Principal & interest
- $0
- Taxes, insurance & PMI
- $0
- Loan amount
- $0
- Down payment
- 0%
Your monthly debts are high compared to your income. A lender can show you ways to improve your numbers.
Get Pre-Approved First-time buyer? See the 5% down payment help program →
Get Pre-Approved
Gisselle Perez
Mortgage Loan Advisor · CharterWest Bank Mortgage Center · NMLS #2840295
Bilingual: English & Español
605-250-7967 · gperez@charterwest.com
Apply / Pre-Qualify OnlineMarcos Diaz and Keller Williams are not lenders. You are free to choose any lender. Loans offered by CharterWest Bank, NMLS #466077, Equal Housing Lender. Subject to credit approval.
What this number means
Lenders look at how much of your monthly income goes to debts, including your new house payment. Keeping that share lower gives you more breathing room for savings, repairs and life. Credit score, loan type and down payment programs can all change what you qualify for, so a quick pre-approval is the best next step.
Already have a price in mind? Try the mortgage payment calculator →
Selling too? Estimate your net proceeds →
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