1. What is your mortgage limit?
- List all your expenses in your current budget.
- Estimate potential homeowner expenses and include them in your budget.
- Estimate your monthly payments using an online mortgage calculator.
- Calculate your debt to income ratio to determine your mortgage limit.
- Decide on how much of a down payment you will make.
- Paycheck stubs in the last 30 days
- W2 tax return
- Recent credit card statements
- Bank statements in the last 90 days