How to Determine How Much House You Can Afford?

Answer So you've decided that you love a home you see for sale. All right! Now let’s figure out which homes you can afford. The bank will determine your loan amount by considering your debt ratio, the d... Read More »

Top Q&A For: How to Determine How Much House You Can Afford

How do i determine what i can afford for rent?

Just add up all your expenses, and think of EVERYTHING!You need to budget for bills that come in only once a year or once a quarter, too, like insurances, loan payments (are you accruing student lo... Read More »

How to Calculate How Much House You Can Afford?

Before you buy a house, you need to determine whether you can afford it so that you can qualify for loans and avoid foreclosure down the line.

How big of a house loan can I afford?

On One Hand: 28 Percent of IncomeAccording to Lending Tree, most lenders do not want your monthly mortgage expenses--including insurance and real estate taxes--to exceed 28 percent of your monthly ... 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 »