How to Easily Calculate My Borrowing Power for a Home Loan

Calculating your borrowing power for a home loan is simpler than you think. First, gather information on your income, expenses, and existing debts. Use an online borrowing power calculator, inputting your details to get an estimate. This tool helps you understand how much a lender may offer. Knowing your borrowing power is essential in planning your budget and securing the right loan for your dream home.