How Much I Can Afford A House

Zillow’s Home Affordability Calculator will help you determine how much house you can afford by analyzing your income, debt, and the current mortgage rates.If you know your monthly mortgage payment is project to be $2,500 a month, then you need to divide that by .28 to get the minimum gross monthly income you need to.

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Hoyler wouldn’t mind that, he says, because of “the security of knowing that I’ll never (have to) pay back more than I can.

Buying a house involves one of the toughest equations you'll ever solve – how much can you truly afford? We'll help you do the math.

If the last few years have taught us anything, it's this: Never buy more house than you can afford. In many instances, that might be less than.

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2011-06-30  · H ow much house you can afford is a function of two things: How much you are able to borrow and how much down payment can you muster. While the total mortgage and house price are interrelated, we’ve broken this worksheet into two parts so you can see how each factor affects the mortgage equation.