Home Buying Help
How Much House Can I Afford
Before you start looking at homes, you'll need to have some estimate of how much you can truly afford to spend a month on your new home.
It can save you a lot time and heartache by making sure you are looking in the correct price range to start with. (How Much Can You Afford Calculator)
There are four strong ingredients that will weigh into how much of a house you can afford:
Read more: How Much House Can I AffordClosing Costs on a House
With a long list of charges at settlement, it's important to know what the closing costs on a house are before you start to buy.
The Real Estate Settlement Procedures Act (RESPA) requires your mortgage lender to give you a “good faith estimate” of all closing costs within 3 business days of submitting your application for a loan, whether you are purchasing or refinancing a home.
Read more: Closing Costs on a HouseMore Articles...
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