How Much Can You Afford Up Frontīefore you start researching potential homes or lenders, spend some time looking at your own finances to determine what down payment would be doable for you. When trying to determine how much house is affordable to you, there are two interrelated questions that you ought to consider: how much can you afford up front as a down payment, and how much can you afford to spend once you actually live in the home? We’ll look at both of these questions below. So how much house can you afford to purchase? It’s a complicated question, but one that is absolutely essential to making sure that a home purchase helps rather than hurts your financial picture.
