How much house can I afford?

How much house can I afford?

John Caliendo (Realtor) gives expert video advice on: How much house can I afford?

The amount of home that you can afford is a direct function of a couple of things: Credit, income and savings. Credit being the most important. But I would recommend anybody find a good lender, meet with them, let the lender pre-qualify you. The term is to get pre-qualified. Let the lender tell you what home you should be looking for for two very good reasons. You don't want to under-buy, meaning, you'll still be getting killed on taxes. You don't want to fall in love with a comfort zone just beyond your comfort zone because then you'll be disappointed and heart-broken