DailyHum Logo
How Much House Can I Afford?
Oct 22, 2021 | Yahoo Money
Picture - How Much House Can I Afford?

How much house you can afford is directly related to the size and type of mortgage you can qualify for. Understanding how much you can comfortably spend on a new mortgage while still meeting your existing obligations is crucial during the homebuying process.

Read on to learn about home affordability, and use our home affordability calculator to find out if you can afford the house of your dreams.

Purchasing a home is a decision that will impact your financial situation for the next 15 to 30 years. It’s important to be realistic about your monthly income and expected expenses to avoid winding up with a mortgage loan you can’t pay in the long run. We recommend visiting our best mortgage lenders page to find the most affordable home loans.

Sponsored
14 hours ago | Yahoo Finance
Market Recap: Monday, November 29
17 hours ago | Yahoo Finance
A new reason to move: politics
Chasing Oregon’s Watery Wonders
19 hours ago | Atlas Obscura
Travel