Florida Home Affordability Calculator (2026)

Are you dreaming of buying a home and wondering how much you’ll pay upfront? You are not alone. Most prospective buyers often wonder how much it costs to buy a home and if it is indeed affordable.

There isn’t a straightforward answer because many factors come into play. They include your income, down payment, and other outstanding debts.

Use the tool below to estimate how much home you can afford in Florida.

Why Home Affordability in Florida Is Different

Florida homebuyers face unique affordability factors that don’t exist in most states:

• Higher homeowners insurance — Florida averages $6,000–$11,000/year (vs $1,700 nationally).
• Wind & flood insurance — required in many counties and may add $150–$600/month.
• No state income tax — improves net income for affordability calculations.
• Higher HOA & condo fees — $150–$1,500/month in many associations.

How Our Home Affordability Calculator Works

The calculator estimates your maximum home price using:

• Your income
• Your monthly debts
• Your credit score
• Your down payment
• Loan type (FHA, Conventional, VA, USDA)
• Florida-specific insurance and property tax data

This gives you a real-world estimate matched to Florida’s 2026 market conditions.

Florida Debt-to-Income (DTI) Requirements

How Much House Can I Afford in Florida?

Here are typical affordability ranges for Florida homebuyers:

• $60,000 income: $220,000–$260,000 home
• $80,000 income: $300,000–$350,000 home
• $100,000 income: $380,000–$450,000 home
• $150,000 income: $550,000–$700,000 home

Insurance costs have the biggest impact — especially in coastal counties.

How to Increase How Much Home You Can Afford

• Use FHA for higher DTIs
• Shop insurance (saves the most)
• Apply for Florida down payment assistance programs
• Pay off small debts before applying
• Increase income with co-borrower or rental income (FHA allows this)