How much money can I borrow for a house?

Answer On One Hand: It Depends on Your Debt/Income RatiosA bank will cap a mortgage based on a payment that is equal to 33 percent of your gross monthly income. If you gross $4,000 a month then your mortg... Read More »

Top Q&A For: How much money can I borrow for a house

Can you borrow money from a 401k to buy a house?

On One Hand: IRS Permits LoansThe Internal Revenue Service permits 401k plan loans of up to $50,000 or half the value of your 401k plan, whichever is smaller. The money must be repaid with interest... Read More »

How Much Money Can I Borrow for a Mortgage?

How much money you can borrow for a mortgage is dependent on how much you qualify for. There are several types of mortgages to choose from, and they all have different requirements. Credit score re... Read More »

How much money can I borrow for a UK mortgage?

When looking for a house, one of the important things to keep in mind is how much money you could borrow for your mortgage. If you fell in love with a house that cost £500,000 and you only could g... Read More »

How much money can I borrow on a mortgage?

The amount you can borrow on a home mortgage depends upon several factors: the amount of cash you have for a down payment, your credit score, and your documented income. The current interest rate w... Read More »