How Much House Can You Afford?

Your home-buying budget depends on more than the price tag. Lenders look at your income, monthly debts, down payment, credit, and current interest rates to determine how much you can borrow.

The 28/36 Guideline

A common rule of thumb is to keep your housing payment around 28 percent of your gross monthly income and your total debt payments under about 36 percent. It's a starting point, not a hard limit.

What Affects Your Buying Power

A larger down payment, lower debt, a stronger credit score, and lower interest rates all increase how much home you can afford. Property taxes, insurance, and any HOA dues also factor into your monthly payment.

Get Pre-Approved for an Exact Number

The most accurate way to know your budget is a lender pre-approval, which reviews your full financial picture and confirms your price range.

Let's Find Your Range

Reach out and I'll connect you with a trusted local lender and help you shop confidently within your budget.