Wednesday, April 25, 2018

Rough estimates: How to quickly know how much house you can afford

Rules of thumb for home affordability There are several easy rough estimates for how much you can spend on a home. Choose a total payment that is close to what you spend now for rent Select your maximum home price at three times your annual income Choose a total housing payment that does not exceed […]

from Mortgage Rates, Mortgage News and Strategy : The Mortgage Reports https://ift.tt/2vMMAk8

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