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Here are the factors that will influence the amount of money you can afford to borrow for a home mortgage: Income, credit history, the size of your down payment, your employment and residence history.
This mortgage calculator will give you simple advice on how much you can afford to pay for a house.
Remember that affording a new home involves more than just the amount you borrow. Be sure to also consider the up-front costs of buying a home as well as the ongoing costs of home ownership.
