What are my long-term housing goals?

Oct 5, 2023 ... The 28/36 rule (or any similar ratio) is a useful guideline that can help you determine how much home you can afford: dictating that you spend ... Mortgage affordability calculator. Get an estimated home price and monthly mortgage payment based on your income, monthly debt, down payment, and location. Find ... This calculator will give you a better idea of how much you can afford to pay for a house and what the monthly payment will be. 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 ... 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 ... May 29, 2024 ... With a $100,000 annual income, you can generally afford a home priced between $360,000 and $600,000. This range depends on factors like your ... May 17, 2024 ... Determining how much house you can afford is about a lot more than just the purchase price of the home and how much money you have to bring to the closing ... Aug 14, 2021 ... The DTI ratio determines the percentage of monthly income that should be dedicated to paying off debt. Most lenders recommend a DTI ratio of 36% ... What mortgage can you afford? When it comes to mortgages, you want to find a balance between borrowing enough to buy your home, but not so ... Download our easy guide to learn about getting a mortgage and buying a home. Topics include: Where should you start? What can you afford to buy? How's your ...