Power - Calculate Home Buying

Example: $308,000 (Loan) + $50,000 (Cash) = ⚠️ Important Considerations

Secure lower interest rates, increasing your buying power. calculate home buying power

Result in higher rates, which raises your monthly payment and lowers the total house price you can afford. 🧮 How to Calculate Your Power To get a realistic number, follow these steps: Step 1: Determine Monthly Income Take your annual salary and divide by 12. Example: $100,000 / 12 = $8,333/month Step 2: Apply the DTI Limit Example: $308,000 (Loan) + $50,000 (Cash) = ⚠️