YOUR MAX… your mortgage should be no more than that. Example Let's say my salary is $70,000 a year and my partner's salary is $80,000. So $70k+ $80k = $150,000. $150,000/12 = $12,500 $12,500*45 = $5,625 If we have student loans that are $700 per month and a car payment of $300... $5,625-$1,000 = $4,625 Now when I go stalk homes on Zillow, I'll scroll down to the mortgage calculator, change the down payment to what I can put down, & make sure the monthly payment is below this. This absolutely NOT a recommendation - it's the absolute most you can do which may be well beyond what you're comfortable with spending. The ONLY way to know how much you can really afford is to speak with a local lender & get pre-approved - but this will get you started when you're jut *curious*. If you're buying a house in 2025, click the link in my TikTok bio and grab your free buyer’s guide.
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