Budgeting

How Much Home Can I Afford?

There's no point wasting time and energy house-hunting before you know what you can afford. So your next step is to assess your finances:

  • Find out about interest rates
  • Understand your closing costs
  • Figure out your income, debt and down payment
  • Calculate how much home you can afford!

  • Amount you plan to use for the down payment.

    $
  • Amount you plan to pay each month.

    $
  • Years you plan to finance the mortgage.

  • Interest rate you plan to get on your loan.

    %

  • This is the approx. cost you can afford.

    $