How much mortgage can I afford?

Answer If you are planning to purchase a home, you will probably wonder how expensive a home you can afford. That will depend on the answer to another question of how much mortgage you can afford to pay. ... Read More »

Top Q&A For: How much mortgage can I afford

How much can I afford for a mortgage payment?

On One Hand: Consider Your IncomeConventional wisdom suggests no more than 28 percent of your family's income should go to your monthly housing payment. Remember that on top of the mortgage itself,... Read More »

What should I do if I cannot afford a mortgage payment?

You have lost your job and unemployment will not cover all the bills, groceries and house payments. Or you or a family member suffers a medical emergency and health insurance does not cover all the... Read More »

I'm Retired & Can't Afford My House Mortgage?

After the real estate crash of 2007, many Americans find themselves unable to afford their mortgage payments. This situation can come about because of a variety of issues, such as an upward adjustm... Read More »

How to Calculate How Much of a Mortgage a Person Can Afford?

When considering taking out a mortgage to buy a home, you need to carefully consider how much money you can afford to pay for the monthly payment. Since the amount you can borrow depends on the int... Read More »