Your Car Payment May Be Costing You More House than You Think

Buying a car or making other large purchases during the home-buying process can seriously affect a buyer’s mortgage eligibility and purchasing power. Even though agents warn against it, life circumstances often make these decisions unavoidable or easy to overlook. Because car loans directly impact debt-to-income ratios, understanding how these expenses affect mortgage numbers is crucial—especially when planning ahead and trying to stay within a buyer’s control.