Discover your purchasing power in New Braunfels and the Austin-San Antonio Corridor.
Looking to buy a home in the Lone Star State?
Use my Texas Home Affordability Calculator to instantly determine your budget.
Whether you are house hunting in the bustling Austin to San Antonio mortgage market or looking for a quiet spot in New Braunfels, Seguin, Garden Ridge or Canyon Lake, accurate numbers are your best negotiating tool.
Unlike standard bank tools, my AI-powered Texas Home Affordability Calculator analyzes current rates, property taxes, insurance and your specific financial scenario to answer the big question:
How much house can I afford in Texas? Get started below!
Powered by Steve Tomaselli (NMLS #358920) of Edge Home Finance
How accurate is this calculator for the Austin-San Antonio corridor?
This Texas home affordability calculator is designed specifically for our local market. Unlike national tools that use generic averages, this tool pulls property tax rates and homeowner’s insurance premiums common in Comal, Hays, and Travis counties. Since Texas has some of the highest property taxes in the nation (often 2.0% – 2.8%), using a generic calculator often leads to “payment shock” later. Our tool helps you see the real numbers upfront.
Do I need a 20% down payment to buy in Texas?
No. Many first-time buyers in New Braunfels and San Antonio use FHA loans (3.5% down) or Conventional loans (as low as 3% down). If you are a veteran moving to the area, you may qualify for a VA loan with 0% down. This calculator allows you to adjust your down payment to see how it impacts your monthly budget.
Does this calculator include Texas property taxes and insurance?
Yes. To get the most accurate result from our Texas mortgage calculator, you should enter a zip code that you are looking at for your new home. In the Austin to San Antonio corridor, a safe estimate for planning is usually between 2.2% and 2.5% of the home’s value. Homeowners insurance in Texas can also vary due to weather risks, so we recommend budgeting slightly higher than the national average.
How does my Debt-to-Income (DTI) ratio affect my affordability?
Your DTI is a major factor in how much house you can afford. Lenders look at your total monthly debt payments divided by your gross monthly income. While some programs allow a DTI up to 50% or higher, staying below 43% is ideal for the best rates. Use this AI mortgage calculator for Texas to experiment with different home prices and see how they fit your DTI goals.
Once you have found your sweet spot, book some time for a free consultation!
