Do You Know How Much Home You Can Afford?

Do You Know How Much Home You Can Afford?

Do you know how much home you can afford? Depending on the loan type you’re using, whether it’s FHA, VA, or a conventional loan, 43% to 50% of your gross monthly income can be used to cover the cost of the home purchase and any associated credit liabilities. The home purchase itself will be comprised of expenses such as taxes, insurance, and, potentially, homeowners association dues. To hear my full message on this subject, watch this short video.

2019-02-06T16:00:24+00:00
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    Rob Spring
    The Spring Mortgage Team
    Hometrust Mortgage
    204 S. Kentucky Street McKinney, TX 75069
    214-929-5810
    rspring@hometrust.com