How Much Can You Afford In a Home?

Friday, January 16th 2009, 3:32 pm
By: News On 6

There are two parts to the total amount of house you can afford - the down payment that you make when you purchase the house and the amount of money that a bank will lend you (the mortgage).

There are many things that must be factored in to the equation to determine what these two numbers will be. This calculator is intended to factor in all of these things and give you an estimated amount that you can spend on a home.