What price home can I afford?
There are suggested ways that you can figure out what price home you can afford, but the best way is to work up your current expenses, and plan for your short and long term goals, and find a home that fits within your overall, personal financial goals.
How much do you want to save for retirement? What are your other household expenses? Do you have debt you want to pay off? This spreadsheet is for you to make your own individual inventory of your expenses so you can see what type of mortgage you are comfortable with.
It’s great to do this work yourself. A loan officer will tell you the maximum home value that you qualify for, but that may not suit your other needs!