How much house can I afford? A simple way to think about it
Start with the monthly payment you are comfortable with, not the biggest number a lender will approve.
Nina Brooks1 min read
Lenders look at your debt-to-income ratio: your monthly debts, including the new house payment, divided by your monthly income before taxes.
A comfortable target for many buyers is a total housing payment of about a quarter to a third of take-home pay. Try a few numbers in our payment calculator, then talk to us for real numbers.
