Many times, people find they can own a home for the same amount or less than the cost of renting. It is also important to only shop for homes that will fit your budget. Knowing how much home you can afford will help you save time. Before you make an offer, consider the cost of your mortgage payment as well as homeowners’ association dues, taxes and insurance.
These user friendly calculators from Bankrate and AmeriTitle will help you run the numbers and stay informed while you make important decisions about your home purchase.
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This content is provided for informational purposes only and is not to be construed as legal, financial, or real estate advice.