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Calculator · before you buy

How much house can I afford in Florida?

What a lender will approve, once Florida’s tax and insurance come out of the payment first.

All 67 countiesUpdated August 2026

Car, cards, student loans — the minimums that show on your credit report.
Mortgage News Daily, 30-year fixed, 27 Aug 2026. Replace it with the rate your lender quoted.
36% is conservative. Many conventional loans go to 45%.

This is what a lender will lend, not what you can carry. Let us run the second number with you.Talk to usor WhatsApp

What each income reaches, in four counties

Gross monthly income, $600 of existing debt payments, $80,000 down, a 36% debt-to-income ceiling, 6.75% over 30 years, and $194 a month of HOA. The only thing changing across the columns is the county's property tax:

Gross incomeMiami-DadeOrangeDuvalPolk
$5,000/mo$160,437$161,523$161,104$163,605
$6,500/mo$214,918$216,467$215,816$219,588
$8,000/mo$269,470$271,452$270,633$275,478
$10,000/mo$342,139$344,832$343,668$350,045
$12,500/mo$432,906$436,497$434,906$443,254
$15,000/mo$523,725$528,103$526,185$536,520

Why the same income buys less in Florida

A lender does not approve you for a mortgage; it approves you for a total housing payment. Property tax, insurance and HOA all come out of that ceiling before a single dollar goes to the loan. In a state where insurance on a $400,000 home runs around $9,036 a year, that is roughly $753 a month that is not available to borrow against — which at 6.75% costs you about $116,093 of purchasing power.

This is the single most common surprise for buyers relocating from a state with cheap insurance. The pre-approval you got at home does not transfer.

36% is a common ceiling, not a rule. Conventional loans often stretch to 45% and FHA further with compensating factors. Raising the ratio in the calculator raises the price — it does not raise what you can comfortably afford. The number worth solving for is the payment you can still make in a year when the insurance renews 20% higher.

Where these numbers come from

Millage: Florida Department of Revenue, 2025. Insurance scaled from the standardized $300,000 dwelling policy priced at $8,471 for Florida by Quadrant Information Services. The debt-to-income ceiling is the lender's, not ours — 36% is the conservative convention and 43-45% is common on conventional loans. HOA median from our catalog of 938 new-construction communities. Rate: Mortgage News Daily, 27 August 2026.

Get a real pre-approval before you shop — and if you are relocating, get it from a lender who writes in Florida. We will introduce you to two and let you compare.Talk to usor WhatsApp
The guide behind this calculator Getting a mortgage in Florida: what you need, what it costs, and why the payment is bigger than you think

More calculators · before you buy

Monthly paymentPrincipal, interest, tax, insurance, HOA and CDD. The whole payment, not the mortgage. Property taxOfficial millage for all 67 counties, with the homestead exemption applied properly. Amendment 3: 2027 and 2028If Florida passes it in November, what your bill becomes — and the part that does not move. What owning really costsEverything you put in, minus the equity you build. Maintenance included.

All 19 calculators

Perozo Molina Group  ·  +1 689 680 1112  ·  WhatsApp +1 689 680 1112  ·  perozomolina.com

A real estate team at Miami New Realty, a licensed Florida real estate brokerage (licence CQ1020974), 2470 NW 102 PL Suite 107, Doral, FL 33172. This is an estimate, not a quote. The figures come from the sources named on the page this was printed from. Nothing here is tax or legal advice.