How much should I budget for potential home maintenance and repairs?

Use the LendingTree home affordability calculator to help you analyze multiple scenarios and mortgage types to find out how much house you can afford. Jan 23, 2025 ... After that, the basic rule of thumb is that you should allocate no more than 28% of your monthly income to housing costs. But there are a ... 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. 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 ... How much home can I afford? · You can afford a home worth up to $267,651 with a total monthly payment of $1,750 · Get Pre-Approved · Mortgage Calculator Library. You need to consider your particular circumstances and your future financial needs and goals. How can I calculate how much mortgage I can afford? As a rule of ... Strive to keep your monthly rent or mortgage payment to your Basic Allowance for Housing (BAH) or 25 – 30% of your gross monthly income. Use this home affordability calculator to get an estimate of the home price you can afford based upon your income, debt profile and down payment. 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 ... Feb 28, 2022 ... I had been trying to keep us between $550k-$650k for a house but it seems impossible to get what we want (an acre + of land) at that price.