Budgeting

How Much Home Can I 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!

• 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.

  %

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• This is the approx. cost you can afford.

  $