As you think about applying for a home loan for that new house you have fallen in love with, you need to consider your personal finances. How much do you earn? How much you owe? The making sure those numbers make sense is important and will likely determine how much a lender will allow you to borrow.
First, determine your gross monthly income. But remember that if you can't document the income or it doesn't show up on your tax return, the banker can't use it to qualify for a loan.
Next, calculate your monthly debt load: the car loan, the personal loan, your student loans, ect.
Your monthly housing expense, including monthly payments for taxes and insurance, should not exceed about 28% of your gross monthly income.
These calculators should help: