(Shutterstock) While home prices in the San Jose metropolitan area fell on an annual basis, it’s still the region where residents need to make the highest salary in the country to afford a home,

PITTSBURGH, PA – If you’re looking to buy a home in or around Pittsburgh, there’s good news: You don’t have to have a six-figure income to make your mortgage payments. required between the two.

How Much Can I afford? fha mortgage calculator. Use the following calculator to help you determine an affordable monthly payment so that you know what you can afford before you make an offer on the home you want to purchase.

Determine how much house you can afford with this easy-to-use Mortgage Calculator. Click and calculate NOW so you get an idea of your monthly mortgage payment.

How much mortgage can I afford? Use our simple mortgage affordability calculator to find out. Get closer to your new home.

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When you’re ready to buy a home, the first step is figuring out how much house you can afford. Homes are expensive – for many people, it’s their most valuable asset – and a home loan is often the only way for someone to buy one. You can get a mortgage from a bank, a credit union, or another type of lender.

Whether you’re a first-time homebuyer or a veteran house hunter, determining how much you can afford to spend on a new property isn’t always simple. You can use online tools and consult a lender or.

How much mortgage you can afford will depend on your debt to income ratio. Now, let’s back up and talk about affordability, and how we got to this point

Sticking with our example of an income of $5,000 a month, you could afford these options on a 15-year fixed-rate mortgage: 7,767 home with a 10% down payment ($18,777) $211,238 home with a 20% down payment ($42,248)

How do you really know how much house you can afford? My wife and I are looking to buy a house in the next year or two, but we’re concerned about hidden costs. Calculating the mortgage payment is easy.