Mortgage basics: How much house can you afford?

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Knowing how much house you can afford often depends on more than just the amount you can borrow. As you prepare for the homebuying season, we're here to help with information at your fingertips.

There are many things that factor into how much money you may be able to borrow, like your income, credit, size of down payment, as well as employment and residence history. But knowing how much property you can afford often depends on more than just the amount you may be able to borrow. Learn more about the factors that determine how much house you may be able to afford.

Ready to start thinking through your options? U.S. Bank’s home affordability calculator can help make the path to homeownership easier to manage.

Mortgages at U.S. Bank

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Loan approval is subject to credit approval and program guidelines. Not all loan programs are available in all states for all loan amounts. Interest rate and program terms are subject to change without notice. Mortgage, Home Equity and Credit products are offered through U.S. Bank National Association. Deposit products are offered through U.S. Bank National Association. Member FDIC.