First Time Homebuyer, Moving Up to a Bigger Home, Consolidating you Credit, Refinancing for a Home Remodel - See if You Can Afford the New Mortgage
In some ways determining the amount that you can afford to pay for a new home may seem simple.
You figure out your net income after taxes, and subtract all of your other payments and expenses other than housing. The answer you get is how much per month you can afford for your new home. You would be right, of course, but it isn't quite that simple.