You can potentially afford a home up to
Once you've discovered your borrowing power above, you can then use this budget calculator to see how a mortgage payment might fit into your monthly budget.
your current monthly housing cost:
your potential monthly housing cost:
All values calculated based on information entered above:
that's a potential monthly difference of
Have you considered how you will cover this difference in monthly cost? List the sources of income or reduced expenses. Were you able to cover the difference?
Not ready right now, but think you may be in the next year? Explore some of our online courses that can help prepare you for future homeownership.SEE AVAILABLE EDUCATION
Think your numbers aren’t quite where you’d like them to be and you’d like help on improving your financial situation before purchasing? We can direct you to homebuyer counseling services that can help.CONTACT A COUNSELOR
Does your financial situation look good enough that you think you’re ready to proceed with the homebuying process? Choose a participating lender now to get in touch.VIEW PARTICIPATING LENDERS