Calculate Your Maximum Allowable Monthly Payment & Home Purchase Price
Lenders typically allow the lesser of these two calculations as your Maximum Monthly Expense:
|Go to How Much Home Do I Qualify For? for more details.
You should also consult with a lender who is an ECAR Affiliate member to discuss your particular situation. Also, the calculator contains sample amounts for monthly long term obligations. Please be sure to change them to amounts that reflect your particular situation.