How much can you afford?
There are many financial factors that apply when you
consider owning a home.
- How much can I afford?
- how big of a mortgage may I qualify for? [see left
sidebar]
- what would my monthly payments be? [go
to calculator]
- how would that compare to renting in the same area [how
to compare]
- what do houses cost in the neighborhood where I want
to live? [see right sidebar]
- What is my budget? [download
a sample budget | Excel format]
- What type of assistance is available for me?
- What type of government assistance programs could I
qualify for? [find out]
- Could Habitat for Humanity be for me? [find
out]
- what about repossessed homes? Could they be a good
move? [find
out]
- How is my credit? [find out]
- What is credit?
- How do I check my credit score?
- If it isn't so great, how can I improve it?
- Can I still own a home while improving my credit?
- Will my credit affect the loan amount I'm eligible
for?
- What other money questions will lenders ask me? [find
out]
- Income vs. expenses
- Down payment
- Borrower history
- Closing cost
- Employment History