I hope your day is going well. Guess what we’re doing today?! I’m sure the title of today’s lesson gave it away, lol.
Today we are going to calculate how much home you can afford! Now that you have selected the loan type it’ll be much easier to complete this task. Keep in mind this is an estimate; a lender may approve you for more, HOWEVER, you should stick within your budgeted amount; NOT your lender-approved amount. Got it?!
The last thing I want any of you to do is to walk into a bank or fill out a loan application and let them tell YOU how much home you can spend to purchase a home! No. No. NO!
So, today we’ll review two calculations, a simple one, and a more personalized one.
P.S. Know someone who’s looking to buy a home, who could benefit from our Claim My Keys Challenge? Share via Facebook by Clicking Here! Or send them to bit.ly/ClaimMy Keys to join in the fun :).
