The following table shows roughly how much house $1,000 a month covers for a (assuming ~$250/mo for taxes and insurance). Interest Rate Principal & Interest Only Estimated Max Loan Amount 6.0% $125,000 6.5% $118,500 7.0% $112,700 Critical Factors to Consider How much house can I afford? Home affordability calculator
For a monthly budget of , you can typically afford a home priced between $120,000 and $160,000 , depending on current interest rates, your down payment, and local taxes. Estimated Home Values by Interest Rate how much house can i buy for 1000 a month