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How Much House Can I Afford

Home - Loans Online

How Much House Can I Afford - buying a house

Buying a house: According to the FHA, a good rule of thumb to follow when buying a house is that most people can afford to spend 29 percent of their gross income on housing expenses.

If you earn $50,000 a year, you should be able to afford to spend $1,208 a month on housing or mortgage payments. Almost everyone needs to borrow money to buy a home. Just make sure that the loan is for only the amount you need, is from a source you can trust, and has a monthly loan payment you can afford. Shop around for the best loan for your situation. Make sure that the loan fees are reasonable.


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Regardless of your credit history, whether you're purchasing a home, refinancing or consolidating your debt, Home Loan Crew will find a solution that is right for you. . Better yet, our helpful representatives make the process quick and easy. Let us help turn your dreams into reality today. Fill out our easy online form, and we will do the rest!

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