HOW MUCH HOME CAN I AFFORD?
Before you start looking at homes, it's a good idea to find a target price range that you can afford.
A mortgage lender will want to make sure you can qualify for the down payment, plus a monthly mortgage payment made up of principal, interest, taxes and insurance (PITI).
Interest rates and your personal finances will influence the amount of house you can afford.
For a quick estimate of a monthly mortgage payment for which you may qualify, or to see how much of a home you might be able to afford, use our mortgage calculator section.
But remember, it's always good to talk to a lender before you start shopping for a home. we can refer you to lenders suited to your specific financial needs.