A helpful first step is to use a mortgage calculator, which estimates your monthly house payment, including principal, interest ... lenders evaluate two formulas: a “front-end ratio” and ...

When it comes to buying and owning a house, two key variables impact how much you spend on your mortgage: home prices and interest rates. While house prices are the more obvious factor determining ...

Formulas that estimate ... or charge you a very high interest rate. Perhaps more importantly, it could make you "house poor" to spend so much of your income on a mortgage, leaving little room ...

Monthly mortgage payments often include the loan payment, monthly interest ... using standard formulas. You can use a mortgage calculator to estimate how much house you can afford based on ...