How to Determine How Much Home You Can Afford

Considering buying a new home? Whether it’s a brand-new build or it’s just new to you, you’ll likely need a mortgage to go along with it.
 
But how do you know how much you can afford? The last thing you want is to bite off more than your budget can handle. After all, there’s a lot more that goes into your mortgage payment than just the price of the home.
 
Watch the video above to learn more about budgeting for a home and how a good mortgage calculator, like the one from Mountain America Credit Union, can help.