How Much House Could You Afford With a Median Income?

Christy Bieber, The Motley Fool
·6-min read
How Much House Could You Afford With a Median Income?

After all, your monthly mortgage payment is just one of your obligations. In general, lenders set maximum limits on the amount you can borrow. As a result, the amount you can afford to spend is often capped by the size of the mortgage you can qualify for.