To determine how much house you can afford, several factors need to be considered, such as your income, monthly expenses, credit score, and the amount of money you have saved for a down payment.

Generally, financial experts recommend that your monthly housing expenses should not exceed 28% of your gross monthly income. However, this is just a rule of thumb, and the actual amount you can afford will depend on your individual circumstances.

You can use Bankrate's mortgage calculator to get an estimate of how much you can afford based on your income, expenses, and other factors. You can also consult with a mortgage lender who can pre-approve you for a loan and help you determine a price range for your home search.