If you have done your “rent a house” vs. “buy a house” analysis and you have decided to buy a house, your next thought should be “how much can I afford to borrow to buy my house?”
The answer is easy—it depends! 🙂
It depends on a lot of factors, so click on the image below so you can learn what factors impact how much you can borrow and how big of a monthly mortgage payment you could afford.
A short Pop Quiz follows below the article.
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