How Much House Can I Afford in Florida



Florida is a beautiful place to invest in a home. You have extensive white beaches to spend your days on, vast golf courses for golf enthusiast to practice and hone their skills, and of course, the fact that Florida enjoys 365 days of continuous warm and comfortable weather.

With so much to enjoy, you’ll be happy to know that there is also a huge variety of housing options for you to choose from including townhouses, villas, condominiums, and apartments. It might be that you find it difficult to decide which to call your home.

When you finally do pick your dream property, it is quite possible that you’ll need to apply for a mortgage. However, even before you get a loan, you first need to find out and determine how much you can afford to spend for your home.

All loans call for a down payment amount, and monthly installments. While you naturally save sufficient money to pay as down payment, you also need to have some money in reserve for emergency expenses. You also cannot afford to spend all your savings as down payment.

This is why you need first to find out how much you can afford to spend on your home before buying one. While there are many online calculators you can use to find out how much you can afford, it’s always better to know how much house can I afford in Florida and make comparisons.

If you find this a tedious proposition, don’t worry. At Moreira Team, we’re happy to work with you and see what kind of budget makes the most sense for you. Remember, part of the qualities of a dream house, is being one you can afford. Let’s find yours together.


Florida County Mortgage Service Areas