|
The mortgage journey begins by asking yourself three basic questions:
- How much would I be comfortable paying per month?
- How long do I think I’ll live in the home?
- What down payment do I have to invest?
Your answers to these three questions will help you use the mortgage calculator to find out two important things:
- The price range of homes you should be considering.
- The length of mortgage that’s best for you.
Remember when considering your monthly payment to include local real estate taxes, as well as any mortgage insurance that might be required.
Your next step is Pre-Qualification and Pre-Approval
|