Method and limitations
Deducts your fixed commitments, savings goal, utilities, common charges and safety buffer from your income. What remains is the highest sustainable rent; for the rent you are considering, it also shows how much stays flexible.
Doesn't apply a general affordability rule, isn't a creditworthiness assessment or financial recommendation, and doesn't replace reviewing your own budget.
This calculator is for information only. It is not legal, tax, financial or credit advice.