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Strive to keep your monthly rent or mortgage payment to your Basic Allowance for Housing (BAH) or 25 – 30% of your gross monthly income. What home can I afford? Your browser does not support frames. Please upgrade ... If you can't find what you're looking for, let us know. We're ready to ... Mar 21, 2023 ... Have you ever wondered how much house you can afford? Households that spend more than 30 percent of their income on housing-related expenses ... Nov 3, 2017 ... A general rule is to keep home costs, which includes mortgage payment, property taxes and insurance, between 25% and 36% of your take-home pay. Jul 19, 2022 ... How much home you can afford obviously depends on your income and other sources of revenue you have to make the monthly mortgage payments. Using a home affordability calculator. Knowing your target loan amount will help you determine how much house you can afford. In this formula, you'll use:. Use the 43% Rule for a quick mortgage affordability calculation. You can also use my Mortgage Approval Estimate Worksheet to help you determine how much home ... Calculator Results. You can afford a home worth $306,977.72 without getting the tax benefit. However, you can afford a home worth $384,680.78 with the tax ... Jul 24, 2024 ... To know how much you can afford to repay, you'll need to take a hard look at your family's income, expenses and savings priorities to see what ... Enter a few tidbits of information into our easy online home affordability calculator to see how much house you can afford.