If you can’t afford a 15-year mortgage, and the total monthly payment (principal, interest, taxes, insurance) is more than 25% of your take-home pay, you can’t afford the house.
Remember, you should be debt-free when the home-buying process begins.
Do you want to own your dream house or a nightmare?
More Debt Management
Remember, you should be debt-free when the home-buying process begins.
Do you want to own your dream house or a nightmare?
More Debt Management
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