Most lenders use a classic formula called the to decide your baseline eligibility:
If your household earns $100,000 a year ($8,333/month): Max Mortgage Payment : ~$2,333/month. how much money can i borrow to buy a house
Lenders are also capped by federal "conforming loan limits," which were recently increased due to rising home values. Most lenders use a classic formula called the
Most lenders use a classic formula called the to decide your baseline eligibility:
If your household earns $100,000 a year ($8,333/month): Max Mortgage Payment : ~$2,333/month.
Lenders are also capped by federal "conforming loan limits," which were recently increased due to rising home values.