Mortgage Calculator | How Much Home Can You Afford?

After graduating from college, and getting a job, it’s just a matter of time before most people start thinking about home ownership. But before you jump into the biggest purchase of your life, it’s important to ask, how much house can I afford?

Once you’ve signed the closing papers on a home purchase, the mortgage bills begin...and they won’t be going away. And if those payments are too high, your “dream” home can quickly become a financial nightmare.

So how can you make sure that your home budget is where it needs to be? Here’s how to calculate how much house you can afford.