How Much House Can I Afford?

This is a quick look to give you an idea of what you may be able to afford when looking to buy your new home. All fields must be filled out, even if just with a ” 0″ . Keep in mind these calculators are not exact indicators, and many factors not asked for here can change the outcome up or down. There are so many new loan programs, some of them with grants that don’t need to be paid back.

It’s best to contact your lender to get more precise numbers before you start looking at homes to purchase.

 

Buy A House Calculator



 

 


Hilary Meader, Realtor® GRI

FATHOM Realty  •  6481 Virginia Pkwy Ste. 103-44  •  McKinney  •  TX  •  75071

Zillow pilots app for self-guided house tours

Zillow is testing a mobile app that enables users to tour a house for sale without the need for agent or an appointment. The app puts the control in the hands of the consumer, and it's part of Zillow's continued effort to make headway in the iBuying space. Tour it Now...

How I Staged It: The Master Suite

The master suite is a place where relaxation should be paramount. A calming color scheme and carefully staged space can do exactly that. Staging and real estate professionals submitted some of their favorite staging photos and tips for our new slideshow, How I Staged...

Homeownership investment company Point raises $122 million

Homeownership investment company Point just landed a major cash infusion that will fund its plans to help more Americans access their home equity, raising $100 million in platform capital and securing $22 million in a Series B funding round. "We are witnessing the...

4 Questions to Ask Yourself Before Buying in an HOA

Homeowners associations help protect property values and create a pleasant living environment. But they also impose certain rules on residents. Here are four questions to ask before buying property in an HOA. Can You Afford It? HOAs are funded by member dues paid...

HELOC borrowers increasingly likely to shop for alternative funding

HELOC volume has been limp in the last year despite rising equity levels thanks to rising interest rates and new tax laws, and now HELOC providers are facing increased competition from alternative lenders. A recent survey by J.D. Power revealed that homeowners are...

The 3 Most Important Rooms to Stage in a House

By Melissa Dittmann Tracey, REALTOR® Magazine Staging not only results in a quicker sale but also tends to increase the home’s value too, according to the newly released 2019 Profile of Home Staging report conducted by the National Association of REALTORS®. One...

Seniors now have a collective $7 trillion in home equity

Housing wealth for homeowners 62 and older continues to grow at a steady clip, reaching a record $7.05 trillion in the fourth quarter of 2018. The National Reverse Mortgage Lenders Association revealed that senior housing wealth grew 1.4% in the last quarter thanks to...

Foreclosure rate falls to near 20-year low

The share of mortgages in some stage of the foreclosure process fell to 0.4% in December – tying with the previous month for the lowest rate since January 2000, according to the latest report from CoreLogic, which noted that the overall delinquency rate has fallen...

Homeowners Insurance Likely Won’t Help You After a Flood

Just an inch of water inside an average-sized home can cause $25,000 worth of damage, according to FEMA. Unfortunately for most homeowners, standard homeowners insurance is unlikely to help after a flood.  Flooding can happen almost anywhere—more than 20% of National...

The Jewelry in Your Kitchen Design

By Melissa Dittmann Tracey, REALTOR® Magazine Great lighting is definitely stealing more of the spotlight in kitchen design lately. Pendant lights that hang from the ceiling above your kitchen island—usually in a row of two or three–is really a place to show off...

Average homeowner gained $9,700 in equity in 1 year

Homeowners keep racking up equity, with the average gain totaling $9,700 over the past year. According to the latest report from CoreLogic, this equates to an 8.1% increase year over year and represents an aggregate gain of $678.4 billion since Q4 2017. Could this...

Is the refi market bouncing back? Number of refi candidates jumps 75%

Refinance demand has essentially dried up in the last year, but could things finally be turning around? Maybe, according to the latest data from Black Knight, which revealed that there are now 3.27 million homeowners who could reduce their mortgage rate by at least...

Request the Home Buyer's Guide

This guide will help you gain confidence in your ability to buy your dream home!

Thanks for requesting my guide. I hope we can work together soon on your home buying adventure.

%d bloggers like this: