How long do you plan to stay in the home?

what bills to pay and if you can still afford your home. If you're having trouble paying your mortgage, your mortgage servicer may provide mortgage assistance. When buying a house, mortgage lenders review your finances in detail. Use our calculator to estimate your budget based on what you can reasonably afford. Use the following calculator to help you determine an affordable monthly payment so that you know what you can afford before you make an offer on the home you ... Dec 18, 2017 ... Some would-be homebuyers see the maximum loan amount and assume that being pre-approved for a mortgage of a certain size means they must be able ... Jun 2, 2024 ... First time naive homebuyer, got carried away by how much the bank pre-approved me for, made an offer, paid my earnest deposit money, scheduled inspection. Apr 22, 2025 ... The lender will determine the size of loan you can afford based on your: Credit history; Income; Assets (items of value such as savings, ... Feb 19, 2024 ... There's no one-size-fits-all answer to this question, which is why you'll need to explore several different factors to find your ideal price range. Auto, student and personal loans; Minimum credit-card payments; Alimony and child support. Do not include: Regular expenses like groceries, transportation and ... 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 ... How much can I afford? Add in your income and expenses and calculate how much you could afford to borrow for your new home. Get in touch All calculators. On ...