How Much House Can I Afford?
This is an open ended question with many variables, so understand the following is just a basis to get started: Typically, you can purchase a home that is about 3x what your income is each month. This amount can vary though depending on other current obligations, including credit card payments, car payments, child support, etc. It can also be affected by the amount of money you have to put down on your home. The more money down, the larger the loan you can obtain, if all other things are equal.
