Zillow has a mortgage calculator tool that can help you estimate how much home you can afford based on your income, monthly expenses, and other factors. Here's how to use it:
Go to the Zillow website and navigate to the mortgage calculator tool.
Enter your gross annual income, monthly debts, and other information as prompted.
Enter your estimated down payment amount, interest rate, and loan term.
Click "Calculate" to see an estimate of your monthly mortgage payment.
Keep in mind that this is just an estimate, and you'll need to work with a lender to get pre-approved for a mortgage and determine the actual amount you can afford. Additionally, there are other costs associated with homeownership beyond just the monthly mortgage payment, such as property taxes, insurance, and maintenance expenses, that you'll need to factor into your budget as well.
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