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To determine how much house you can afford, we need to consider a few factors such as your income, monthly expenses, credit score, and the amount of down payment you can make. A general rule of thumb is that your mortgage payment should not exceed 28% of your monthly income.
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It is important to remember that a mortgage calculator is not a substitute for professional advice. If you are considering a loan, it is always best to speak with a qualified financial advisor who can provide you with personalized advice and guidance.