Newsflash: Are home affordability calculators wrong?

I put it my household income, 6.5% interest rate, and no debt. I tried a couple of calculators and they all seem to say I can afford way more house than I thought.In your experience, were these calculators reliable?

Read more at https://www.reddit.com/r/RealEstate/comments/1dgyqi1/are_home_affordability_calculators_wrong/?utm_source=ifttt

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