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. You can use our mortgage calculator to estimate a monthly mortgage. 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.