Can one agent represent both the buyer and the seller?

The best way to think about how much home you can afford is to consider what your maximum monthly mortgage can be. As a general rule of thumb, lenders limit ... 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. Dec 11, 2024 ... This states that you shouldn't spend more than 28% of your gross (or pre-tax) monthly income on home-related costs, and no more than 36% on ... How much home can you afford? Use our calculator to find out. Then see how much you're preapproved for. 1. Calculate Your Budget · 2. Consider Your Down Payment · 3. Assess Your Debt-to-Income Ratio · 4. Explore Mortgage Options · 5. Get Pre-Approved · 6. Factor in ... Pre-qualification gives you an overview of your borrowing capacity, while pre-approval guarantees your financing and protects your rate for 90 days. Use our home affordability tool to estimate how much house you can afford considering closing costs, mortgage, and additional fees and taxes. A total mortgage amount of: Includes mortgage default insurance premium of $10,580.80. $275,100.81. Include Mortgage Default Insurance Premiums. More Info. For ... Apr 24, 2025 ... Calculating 25% of your take-home pay (which includes all house-related expenses, not just your mortgage payment) is a great way to determine ... Copper State Credit Union strengthens Arizona families. Use this what mortgage can I afford virtual coach session to find your ideal monthly payment.