How Much House Can I Afford?

When you make the decision to buy a home, it’s fun to dream big—but it’s also important to be realistic about what you can afford. Having some baseline numbers to guide you as you begin your home search can help you stay within your budget and make the homebuying experience much less stressful.

Mortgage lenders don’t just look at your income, assets, and the down payment you have. There are other factors that determine how much you can afford, including liabilities and obligations such as auto loans, credit card debt, child support, potential property taxes and insurance, and your overall credit rating.

Want to know how much house you can afford? Use our home affordability calculator to determine the mortgage amount you might be able to obtain. Then connect with a Kish lending specialist who can answer your questions and put you on the right path to getting pre-approved.