So I can’t directly answer your question. However let me describe what I do because it will be within your budget.
I output the DSD layer from SACDs with my Oppo 105 transport over HDMI into my Bryston DAC, which has HDMI inputs. Oppo doesn’t make players any more, but you can use a Sony Universal Player for the same transport function. The Sonys go for a few hundred dollars, the DAC for around $4K