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The best way to decide how much you can afford to spend on a house is to go to your banks website and find a mortgage calculator. You will need to figure out how much you spend a month on bills, food, and other expenses so that you are still able to pay them. Also, if you are looking at buying a house start saving for a down payment as this can affect your monthly payments. The bigger the down payment, the less your mortgage payments will be.How much house you can afford is based upon how much you make in a year along with other expenses. To figure out how much you have for a house add up all expenses used then subtract that from you total income.
Depends on your city, and the market and what you're looking for. Best bet is to go to a mortgage broker to determine what you can afford and then talk to a real estate agent or check out mls online to find a house within your price range
For a person making $120,000 per year they can afford a $450,000 to $500,000 home.
Buy the best you can afford
The calculator I am sure you are referring to is the mortgage rate calculator. This inputs your income and monthly bills and makes sure you can afford a mortgage.
I find that the best time to do house cleaning for me is in the mornings. I find that if I leave it until later in the day I tend to put it off and not get as much done.
You can find the Bank of Montreal mortgage rates on the official BMO website. They also have a How much can I afford calculator to help you decide if you can afford a mortgage.
Best is a relative term and depends in part on your likes and dislikes, how much you can afford, etc..
A reverse auto loan calculator can help you determine how much you can actually afford to spend on a vehicle. There are several free calculators online but you need to play with them yourself to find out which one you like best.
yes it costs about 45000 about as much as a small house in the ghetto. You cannot afford it so you might as well not try.
There is no set minimum or maximum. It is what you can best afford.
The general tip is to buy a house that is half of your salary. Depending on how much your expenses are throughout the year, the percentage can go up or down. A good idea would be to do some budgeting to see how much you can afford to pay as down payment and how much you can contribute to your mortgage payments. Then take into account interest rates and back track to find the price of the house you can be comfortable with.