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What Size Home Can I Afford?

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Home  / What Size Home Can I Afford?

What Size Home Can I Afford?

Quickly find out in just a few steps what size home you are qualified to buy

What Size Home Can I Afford?

  • STEP 1

    Determine the combined GROSS monthly income (i.e. pre-tax income) for all borrowers. Include all non-real estate Income sources.
  • STEP 2

    Determine the Total Monthly Debt Payments for all loans and credit cards.
  • STEP 3

    Maximum allowable monthly expenses (INCLUDING the new mortgage payment)
  • STEP 4

    Maximum P.I.T.I mortgage payment that you can afford. (P.I.T.I = Principal, Interest, Taxes, Insurance)
  • STEP 5

    The Maximum Principal & Interest (P&I) mortgage payment that you can afford.
  • STEP 6

    The Maximum Loan Amount and Offer Price.
  • STEP 7

    RECEIVE A COPY AND SHARE YOUR RESULTS

SUCCESS

CONGRATULATIONS!

BestMortgageRate.com has already calculated the required income for you to buy this home.
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