Navegó a una página que no está disponible en español en este momento. Seleccione el enlace si desea ver otro contenido en español.

Página principal

How to Prepare For Buying a House

What can you afford?

Before you start shopping for a home, consider how all the things important to your budget — down payment, monthly payment, and more — impact your price range.

Featured article

Know your borrowing power

The top two numbers that will help guide you in figuring out what home price you may be able to afford are your down payment amount and your monthly payment amount. Buying a home is one of the biggest financial decisions you’ll make, and you’ll want to stay within your budget - both for making decisions now and for having confidence in the future. 

View Article

Popular questions

How much home can I afford?

Many people start by determining what they can afford as a monthly payment. A common starting point is to calculate 25% of your gross monthly income to help determine a manageable monthly mortgage payment.

Learn more about determining your monthly payment

Wells Fargo home price range calculator

How much do I need to put down on a home?

While many people think you can’t buy a home without a 20% down payment, many mortgage options allow for lower or even no down payment. A home mortgage consultant can help you determine what works best for your finances and what programs you may qualify for.

Learn more about down payments

Wells Fargo programs with low down payment options

More help for your journey

Up next

Evaluating mortgages and lenders

Build your team of professionals to help you determine what type of mortgage is right for you.

Learn more

Still have questions?

Call Us

New Loans

Mon – Fri: 7 am – 8 pm
Sat: 8 am – 6 pm
Central Time

Existing Loans

Mon – Fri: 7 am – 10 pm 
Sat: 8 am – 2 pm 
Central Time


Let Us Contact You

Have a home mortgage consultant call you back.

Talk to a mortgage consultant

Get a call back
Or call us at 1-877-510-2079