The single-family median in Las Vegas sat at $470,000 in September 2026, so knowing your real budget matters more than ever. Lenders look at three numbers: your gross monthly income, your monthly debts, and your down payment.
Most loan programs want your total debts, including the new house payment, under 43% to 50% of gross income. If you earn $8,000 a month and pay $600 toward a car and cards, a lender may approve a total payment near $3,000 to $3,400.
That payment covers principal, interest, property taxes, homeowners insurance, mortgage insurance and any HOA dues. In Las Vegas, HOA fees can swing your budget by $50 to $500 a month, so ask early.
Remember to budget for closing costs and a few months of reserves too, so a surprise repair does not strain your finances after you move in.
The fastest way to get a firm number is a pre-approval, not an online guess. The Parent Team can review your income, credit and savings in one call and show you a price range that keeps your payment comfortable. Contact Derek Parent today to start.