Answers.com > Wiki Answers > Categories > Home & Garden > Home Buying > How much home can you afford?

How much home can you afford?

In: Home Buying [Edit categories]

Answer:

The amount of home you can afford is based on your monthly or annual income. For example if you have a down payment of $10000.00 and a gross monthly income of $4000.00, your maximum home price should be $40000.00.

First answer by Answers Publishing Network. Last edit by Answers Publishing Network. Contributor trust: 97 [recommend contributor ]. Question popularity: 1 [recommend question].

[report abuse]

Can you answer these Home Buying questions?

	Can you get a mortgage less than two years after a deed in lieu?	Answer it!
	Where can you buy Easy Wash L?	Answer it!
	Why are houses auctioned?	Answer it!
	Is there an affordable easy way to get current default notices in California?	Answer it!
	What is real estate marketing?	Answer it!