02 / HOME BUYING

How much house can I afford?

Ask how much house you can afford. Linc models the price, cash after closing, debt, monthly spending, and retirement impact together.

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LSAMPLE DECISIONILLUSTRATIVE

Can we afford a $700K home without pausing retirement savings?

THE SHORT ANSWER

Yes—if you put 15% down and keep at least $45K in cash.

See the assumptions

That keeps a six-month emergency fund and leaves both retirement contributions unchanged. A 20% down payment would stretch cash too thin.

HOME PRICE$700KDOWN PAYMENT$105KCASH LEFT$48K
∑  Open Show the Math to see the numbers behind the answer.

WHAT MOVES THE ANSWER

Change one thing. See what happens.

01

Purchase price

See the point where the plan starts to feel tight.

02

Mortgage rate

Compare buying now with refinancing later at a lower rate.

03

Down payment

Balance cash on hand, debt, and your retirement date.

WHAT LINC CHECKS FIRST

The numbers that can change the answer.

Cash + investmentsMortgage ratesMonthly spendingProperty estimatesRetirement saving

START WITH THE DECISION

Keep testing your home buying decision.

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EXPLORE ANOTHER DECISIONRETIREMENT PLANNING→GROWING A FAMILY→PORTFOLIO ANALYSIS→RETIREMENT STRESS TEST→