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But don’t rely on a lender to tell you how much. not qualify for a mortgage that costs 28% of your income. Your total debt-to-income ratio can’t exceed 35%, so you either need to pay off existing.
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Use our home affordability calculator to figure out how much house you can afford.
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Affordability Calculator. Estimate the home price you can afford by inputting your monthly income, expenses and specified mortgage rate. adjust the loan terms from 15-, 20- and 30-year mortgages and see your estimated home price, loan amount, down payment and monthly payments change.
FHA calculators help you determine how much you can afford to safely borrow in order to finance your home. Use them to determine the maximum monthly mortgage payment of principle and interest, and the maximum loan amount for which you may qualify.
Calculate how much house you can afford with our home affordability calculator that factors in income, down payment, and more to determine how much home you can afford. If you earn $5,500 a month.