How much should I borrow for a home loan?

Do you know how much you should borrow for a home?

It's not unusual to want to borrow as much money as your lender will allow, but it's not always the right thing to do.

All borrowers must determine the mortgage payment they are able to afford each month, along with food, utilities, and other expenses. Maximum mortgage calculators do exist, but the formulas used may vary from website to website. One site may suggest to not borrow more than twice your annual income, while another may calculate your maximum borrowing potential at four times your annual income.

At nbkc, we believe it is our responsibility to match you with the best mortgage for your specific situation.

Obtain a mortgage quote.

Learn more about our types of mortgage loans.