One of the biggest financial decisions we make in our lives is purchasing a home. It’s essential to know the amount you can afford to spend on housing while remaining financially stable. Making a purchase outside your means can lead to financial stress and uncertainty.

Fortunately, a home affordability calculator can help you determine a reasonable budget for your house hunt. With this tool, you can factor in your current income, monthly expenses, and potential interest rates.

By utilizing a home affordability calculator, you can enter the buying market confidently and prioritize homes within your range.