Colorado Affordability Calculator
Find out how much house you can afford in Colorado, where the median home price is $520K and the average property tax rate is 0.51%.
cars, loans, cards
Conservative Target
$249K
15% below max
Max Monthly Housing
$1,983
28% of gross
Your DTI Ratio
33.6%
Within guidelines
Down Payment
17.1%
$50,000 saved
Budget Breakdown
Gross Monthly Income$7,083
28% Housing Limit$1,983
Existing Debts−$400
Available for Housing$1,983
Max Loan Amount$242,985
+ Down Payment+$50,000
Max Purchase Price$292,985
Colorado Housing at a Glance
Median Home Price
$520K
Colorado statewide
Property Tax Rate
0.51%
$221/mo on median
Avg Closing Costs
$7K
1.4% of purchase price
Homeowners Insurance
$3,200/yr
$267/mo
Colorado First-Time Buyer Program
CHFA Down Payment Assistance
Down payment assistance: Up to $25,000 second mortgage