Share

How much of a home can I afford?

Determining your home buying budget.Determining your home buying budget.


What can I afford Icon

The first rule of home buying is to never buy too big (or expensive) of a house than you can comfortably afford. You don't want to lose sleep wondering whether or not you'll be able to make your next mortgage payment. It's always best to be prepared rather than surprised.

Here are some guidelines to consider:

Before you start home shopping, make sure you know your home buying budget and the absolute maximum amount you're willing to spend - and stick to it. Don't let anyone talk you into spending more, and you'll be a happy homeowner.


Selected products ()
Product
APY**
Minimum balances
Available as IRA
Available as Custodial
APY**
Minimum balances
Available as IRA
Available as Custodial