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 Know Your Budget
How Much Home Can I Afford?
$    Amount you plan to use for the down payment.
$    Amount you plan to pay each month.
    Years you plan to finance the mortgage.
% Interest rate you plan to get on your loan.
$    This is the approx. cost you can afford.

There's no point wasting time and energy house-hunting before you know what you can afford. So your next step is to assess your finances:
  • Find out about interest rates
  • Understand your closing costs
  • Figure out your income, debt and down payment
  • Calculate how much home you can afford!

 

 
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