You can save yourself a lot of time if you take a minute tofigure out how much mortgage you can afford. Generally, a lender will want yourmonthly mortgage payment to total no more than 29% of your monthly gross income(that's your monthly income before taxes and other paycheck deductions aretaken out.) You also need to consider current loan interest rates. The lowerthe interest rate, the more expensive the home you'll be able to afford. Followour tips and use these simple calculators to see how much you can afford in amortgage payment.