How much house you can afford depends a lot on where you live. For example, in our cost of living comparison, Business ...

How much house you can afford depends a lot on where you live. For example, in our cost of living comparison, Business Insider found a wide variation in median mortgage payments across the country.

Figure out how much house you can afford with a mortgage calculator and the 28/36 rule. Learn the factors that affect your mortgage eligibility.

How Much House Can I Afford With a Conventional Loan? If you are taking out a conventional loan and you put down less than 20%, private mortgage insurance will take up part of your monthly budget.

Vault’s Viewpoint on Understanding How Much House You Can Afford. Make a larger down payment if you really want to make your mortgage payments more affordable and save yourself the trouble of ...

How much house can I afford? If that’s something you’ve wondered about, you’re not alone. Hundreds of thousands of Americans have typed that question or variations of it into internet ...

Determining how much house you can actually afford starts with some basic details to help you figure out what your most important up-front and monthly costs should reasonably be.

Can I afford a $500,000 house on a $100,000 salary? If you put 20% down and were conservative on how much you needed for insurance and other costs, you could potentially swing a $400,000 home.

To calculate "how much house can I afford," one rule of thumb is the 28/36 rule, which states that you shouldn't spend more than 28% of your gross monthly income on home-related costs and 36% on ...

Many lenders look for a DTI of up to 43%. In fact, for a mortgage to be eligible to be guaranteed by Freddie Mac, Fannie Mae, FHA, the VA, or USDA, borrowers must have a monthly DTI of 43% or less.

Only buy a house when you can afford to make a 20 percent down payment. Only use a 15-year, or 30-year fixed rate mortgage. Only buy a house if you think you’ll live there for at least five ...