What is the Most Expensive House You Can Afford?
|Term of Loan|
|Pct of Income
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This page will calculate the most expensive house you can afford based on your income and other factors.
This calculator is for fixed-rate mortgages. Adjustable-rate mortgages, or ARMs, may allow you to acheive lower payments in the short term. However, with ARMs, your monthly payment may increase if interest rates rise.
Note: 28% is the standard percentage of pre-tax income to spend on housing.