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To help, try the Credit.com How Much House Can You Afford tool. It can help you get a better idea of how much of a mortgage you can comfortably afford based on your current annual income, monthly debt and other factors. This article was last published January 13, 2017, and has since been updated by another author.
How much rent can you really afford? This rent affordability calculator from Zillow uses your specific financial situation to help you decide.