You're ready to buy a home—or at least starting to think about it. But then the big question hits:

"How much house can I actually afford?"

If you're in Centerville, Dayton, or anywhere across southwest Ohio, the answer involves more than your paycheck. It's about understanding your complete financial picture and knowing how local home prices and loan programs affect your options.

Here's how Katie Roberts, a trusted local Realtor and homebuying advocate, helps first-time buyers determine their budget with clarity and confidence.

Know Your Numbers (Before You Fall in Love)

It's tempting to browse gorgeous homes on Zillow, but before scheduling any showings, you need a realistic price range.

Here's what you'll want to consider:

• Your monthly income
• Your debt-to-income ratio (a lender favorite)
• Your credit score
• How much you've saved for a down payment
• Any closing costs (typically 2–5% of the home price)

Katie always encourages buyers to get pre-approved with a local lender. This step isn't just helpful—it's empowering. You'll know exactly what you can afford, and sellers will take your offer seriously when the time comes.

Don't Forget the "Hidden" Costs of Homeownership

It's not just the mortgage you need to plan for. You'll also want to factor in:

• Property taxes (varies by township)
• Homeowners insurance
• HOA fees (if applicable)
• Utilities and general maintenance

The good news? In many parts of Ohio, monthly mortgage payments are on par with—or even lower than—rent. Katie can help you compare these costs side-by-side, so nothing catches you off guard.

Down Payment Help is More Accessible Than You Think

Think you need 20% down? Think again.

Ohio offers first-time buyer programs with as little as 3% down—sometimes even less. And Katie partners with lenders who can walk you through:

• FHA loans
• USDA loans (great for rural/suburban areas)
• Ohio Housing Finance Agency (OHFA) programs
• Down payment assistance grants

Many buyers who thought they "weren't ready" discover they're actually much closer than they realized.

How Much House Does Your Budget Really Get You in Ohio?

While home prices have increased across the state, Ohio remains one of the most affordable places to buy in the country.

As of this year:

• In Centerville, starter homes often begin around $180K–$250K
• In Dayton proper, homes in good condition can be found under $200K
• In Washington Township or Springboro, move-in-ready homes range from $250K–$400K+

Katie knows how to stretch your budget without sacrificing your wish list—and she'll help you avoid overpaying in this competitive market.

Not Sure Where to Start? Let's Talk Numbers.

You don't need to guess your way through this. Whether you're just exploring the idea of buying or ready to get pre-approved, having a local expert to help you make sense of it all makes a huge difference.

If you're wondering what your budget really looks like, reach out to Katie Roberts and schedule a simple, no-pressure conversation. She'll help you run the numbers, connect you with trusted local lenders, and create a game plan that works for you.

Buying your first home is a big deal—but figuring out what you can afford? That part shouldn't be stressful.