Knowing how much home you can afford is the first step in the process. Looking at homes beyond your financial ability may create a hardship when you look at homes within your financial means.
Also just because you may be able to afford a higher priced home, doesn't have to be what you have budgeted and is best for you and your family.
The Mortgage Calculator tool can give you an estimate, but your Lender will give you a more realistic idea according to your qualifications and the type of mortgage you qualify for will also dictate the interest rate.
Ron Pargett Discovery Bay Realtor