Much Home Can I Afford - How

Includes: Your new mortgage plus car loans, student loans, and credit card minimums.

Includes: Principal, interest, property taxes, homeowners insurance, and HOA fees (PITI). how much home can i afford

Spend no more than 36% of your gross monthly income on all debt payments combined . Includes: Your new mortgage plus car loans, student

This traditional guideline helps ensure you don't become "house poor" by overextending your monthly budget. and credit card minimums. Includes: Principal

Spend no more than 28% of your gross monthly income (pre-tax) on total housing costs.