More than another determining factor, lenders are concerned with your ability to repay the loan. Their reasoning is purely mathematical as they consider your annual salary, current debt load, and past credit history. Your “debt-to-income ratio” and the amount of down payment are signals to the lien holder that the long-term prospects of a worry free prepayment by you will occur. In addition, real estate taxes and property insurance play a part in calculating your monthly debt load. Who Says You Can\'t Buy a Home!

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