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You want to buy a house, but how do you figure out what you can afford? Home Nerd Kate Wood shows you how you can come up with a monthly mortgage principal and interest payment that will work for you, taking into account the additional expenses of homeownership and what might be different from renting.

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Chapters:
0:00 Intro
0:48 Nerdy Tip: Start With Your Finances
1:12 Nerdy Tip: The Cost Of Your Home Should Be About 3x Your Annual Household Income
1:38 The 28/36 Rule
2:31 NerdWallet Home Budget Calculator
4:02 Budget Considerations
5:45 Home Warranty Tip
6:13 Conclusion

#NerdWallet #BuyingAHome #Budget

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How Much House Can You REALLY Afford? (How To Calculate) | NerdWallet
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