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Professional construction solutions in Durango, Dgo., Mexico

CDGO construcción

Home Buying Power

1.Household income

$
$

2.Expenses and commitments

$
$

3.Financing scenario

$
%
0%25%
5 years30 years
Planning profile
The estimate combines an income commitment limit with the cash flow left after expenses and debts.

Informational estimate only; it is not a loan offer or approval.

Financial planning

How much house can you afford?

Buying power depends on more than salary. Expenses, other debts, down-payment savings, interest rate, and loan term all affect the result.

  • Compare the payment with total income and leave room for maintenance, utilities, and emergencies.
  • Pay down monthly debts that reduce borrowing capacity before applying for a mortgage.
  • Keep a reserve separate from the down payment for closing costs, appraisal, and moving expenses.
Read the CONDUSEF reference

Frequently asked questions

What share of income should go toward a mortgage?

For planning, a payment around 30% of income is often easier to sustain. Lenders will also review debts, credit history, and their own policies.

Is the result the amount a bank will approve?

No. It is an estimate for comparing scenarios. Actual approval depends on verified income, credit history, age, the property, and each lender's criteria.

Should all savings be used as the down payment?

It is usually better to keep a reserve for closing costs and emergencies. CIRSA's down payment and closing cost calculator can help you estimate those items.