Not figuring out how much house you can affordWithout knowing how much house you can afford, you might waste time. You could end up looking at houses that you can’t afford or visiting homes that are below your optimal price level. Use a mortgage affordability calculator to help you know what price range is affordable,…

Your house will likely be your biggest purchase, so figuring out how much you can afford is the one of the first major steps in the homebuying process. You have to start by crunching the numbers. Maxing out your income to buy your dream house is a one-way ticket to financial trouble. It’s important to…