Topic: I Want to Buy a New House How Much Can I Afford
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Answers to Common Questions
What is Affordable Housing?
Affordable housing is any residence you can pay for that leaves you enough money for shopping and vacations. Honestly, affordable housing is specific to each individual and should not consume for than 25% to 30% of your take home pay. Read More »
Source: http://answers.ask.com/Business/Other/what_is_affordable_housing
What House can I Afford?
There are a lot of online mortgage calculators that can help you figure out how much house you can afford. Typically your house payment should not be more than your income for a week. Example: If you weekly income is $1000 your mortgage pay... Read More »
Source: http://answers.ask.com/Business/Real_Estate/what_house_can_i_affo...
What Price House can I Afford?
If you are looking to find out how much of a mortgage you can afford, you should look at how much you make a month and see what you are comfortable with. You could go online and there are some websites that can calculate what you can afford... Read More »
Source: http://answers.ask.com/Business/Other/what_price_house_can_i_affo...
More Common Questions
Answers to Other Common Questions
How much house you can afford depends on 2 things: how much of a down payment you have, and what 25% of your take-home pay is. These will determine the price range of the house. Your mortgage payments should not exceed 1/4 of your income. L...
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Source: http://answers.ask.com/Business/Real_Estate/how_much_of_a_house_c...
If you are looking to find out how much of a mortgage you can afford, you should look at how much you make a month and see what you are comfortable with. You could go online and there are some websites that can calculate what you can afford...
Read More »
Source: http://answers.ask.com/Business/Other/how_much_can_i_afford_to_pa...
If you are looking to find out how much of a mortgage you can afford, you should look at how much you make a month and see what you are comfortable with. You could go online and there are some websites that can calculate what you can afford...
Read More »
Source: http://answers.ask.com/Business/Other/how_much_house_can_i_afford...
You will have to speak with a loan officer. It is based on your credit score, your income, debt ratio, credit report itself and other factors.
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Source: http://answers.ask.com/Business/Other/how_much_can_i_afford_to_sp...
If you are looking to find out how much of a mortgage you can afford, you should look at how much you make a month and see what you are comfortable with. You could go online and there are some websites that can calculate what you can afford...
Read More »
Source: http://answers.ask.com/Business/Other/how_much_house_can_i_afford...
The amount of house payment you can afford depends on income. You should figure all expenses you have, after that times the remaining income by 30% and that will give you an idea of what you can afford.
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Source: http://answers.ask.com/Business/Real_Estate/how_much_house_paymen...
You would have to contact the bank and talk to them about loans and how much you would be able to afford for a house. You could also check out a mortgage calculator on the mortgage calculator website. You can find more information here: htt...
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Source: http://answers.ask.com/Business/Other/how_much_can_i_afford_for_a...
