Hi all - I've been trying to get an idea of what hubby & I can afford for a house. Mortgage calculators are all over the place. Planning to buy Spring/Summer 2015, we have a place to sell, but will most likely break-even with no profit 
.
Here's our info:
Credit Scores (pulled at refi in January 2014)
Exp: 764 & 738
TU: 744 & 780
Equifax: 757 & 778
Gross income: $112,000.00
Debt:
Car payments (2): $860/month (3.5 years left on each)
Student Loans (2): $360/month
Credit Cards: About $4000 total, $3200 @ 0% and all will be paid in full by October 2014.
Savings: $13000.00
401k: $5000.00
Pension: $22000.00
No late payments, judgements, liens, etc. etc.
Live in Illinois where property taxes are approx. 2.5% in areas we are looking. Will probably try for 5% down conventional loan.
What do you guys think we could get approved for?
Thanks for any input!!
