To determine the maximum mortgage amount you are eligible for, it is essential to consider several factors, including your repayment capacity and the limits imposed by financial institutions and the government. Do not rely solely on a bank's offer that may grant you a loan of $400,000, as it is crucial to ensure that you can actually make monthly payments without compromising your financial situation and lifestyle.

 

The first step is to establish a detailed budget. You need to accurately calculate the amount you can allocate each month to your mortgage. To assist you in this process, we provide you with a budget calculator:

 

 

Once you have determined your monthly budget, it is important to understand what that means in the context of a mortgage. Our calculator will help you clearly visualize the implications of this amount.

 

Next, you can check if you meet the criteria set by banks and the government based on your financial situation. We are here to guide you through this process and answer any questions you may have.

 

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