Home prices have risen quite a bit over the past few years, so it's critical to prepare financially if you’re planning to buy a home soon. You should have a good idea of what you can afford each month, as well as what mortgage payment you might face at various price points. This will help you steer your home search toward the best options for your budget. To help you get started, here’s what you can expect to pay on a home priced around $400,000. Learn more: What is the monthly mortgage payment on $400, ...