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Buying a home

How to Figure Out How Much House You Can Afford

Buying a home is an exciting adventure. Whether you want a cottage on the outskirts of town or something in the downtown area doesn’t matter, the best part is it will be all yours. Before you commit to a mortgage payment, you must separate your emotion from good financial sense. Good financial sense means that you must make sure that you can afford the home you choose. You don’t want to commit to a larger home than your budget can afford, even if the bank gives you the approval.

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Buying Your First House

Tips for Navigating Your First Home Mortgage

Owning your first home is a major milestone that you should be proud of. However, there are plenty of things you need to do to prepare for it. This includes signing a mortgage, which is a loan you’ll pay back on a monthly basis to the bank you borrowed money from to pay for the house. In order to be a responsible homeowner, you need to have a solid understanding of your mortgage.

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