How to Calculate What You Can Afford to Spend on a Home
How Much Home Can I Afford?
- Use the 28/36 Rule
Consider Lifestyle Costs
You dont want to be house rich but cash poor; living in a new home but not being able to do anything you personally enjoy is no fun! Consider all of your monthly expenses while budgeting for a home.
Leave Room for Maintenance
Its summer time in the midllands, its hot and humid, yuou kick on the A/C and your theremostat keeps climbing, you need to call an HVAC tech out and quick! The last thing you need is to not have money in the budget to account for both the exopected and unexpected repais.
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Julia Bauerschmidt
Agent | License ID: SC DRE 143198 CA DRE 02015044
+1(803) 882-3656 | jbauerschmidt@icloud.com