[header] How to buy land in colorado [title] Figure out how much you can afford. [step] Start by using an online mortgage calculator to determine how much you can afford to spend. These calculators normally ask you to input your income and associated expenses (e.g. utilities, other loan payments, etc.
) and then will determine how much you can afford to spend on a monthly mortgage payment. These calculations also take into account interest rates, mortgage terms and amortization.