How Much Home Can You Afford??

Ever been curious what kind of home you can afford? As a Home Buyer in South East Idaho I want you to make all the right decisions when buying a home! Below is a monthly mortgage payment chart based on various interest rates and home loan amounts.

Keep in mind these monthly payments are based on a 30-year amortization and include principal and interest only!! You will still need to include property taxes, homeowner’s insurance and other fees which  will result in a higher monthly payment.

Lastly, don’t forget you will also need to budget for other costs such as home maintenance and utilities associated with owning your own home! If your interested in getting pre-approved or would like additional details, contact me today and I will help from start to finish!

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