How Much Home Can - I Afford

Includes: Your new mortgage plus car loans, student loans, and credit card minimums.

This traditional guideline helps ensure you don't become "house poor" by overextending your monthly budget. how much home can i afford

To determine how much home you can afford, most financial experts suggest following the as a baseline. This guide breaks down how to calculate your budget based on current 2026 lending standards and housing costs. 1. Apply the 28/36 Rule Includes: Your new mortgage plus car loans, student

Spend no more than 28% of your gross monthly income (pre-tax) on total housing costs. how much home can i afford