We calculate this based on a simple income multiple, but, in reality, it's much more complex. When you apply for a mortgage, lenders calculate how much they'll lend based on both your income and your ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not ...

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial ...