How much do I have saved for a down payment?

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. This rule of thumb states that your monthly debt – including your estimated mortgage payment, credit cards, student loans, car payment, etc. – shouldn't exceed ... Oct 5, 2021 ... Use our Mortgage Affordability Calculator to determine how much house you can afford based on your take-home pay and monthly mortgage payment affordability. This home affordability calculator looks at your entire financial situation to help you determine how much you can realistically spend on the home of your ... Oct 11, 2024 ... One commonly used metric is the 28/36 rule. This says that no more than 28% of your monthly income should go toward your mortgage payment. Before you start house hunting, determine how much you can afford. Our Mortgage Qualifier Calculator helps you find a realistic home price and monthly payment ... 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 ... Nov 1, 2024 ... A good rule of thumb for affordability is the 28/36% rule: housing costs should ideally be no more than 28% of your gross monthly income, while ... Use our home affordability calculator to set the right expectations as you start house hunting, and shore up any weaknesses in your risk profile. Dec 6, 2021 ... Use this calculator to figure out how much home you can afford. Input your income, debts, and loan interest rate to determine an affordable ...