Before searching for your next home, we at CENTURY 21 Frank Frye Real Estate suggest you set a realistic budget; a compilation of your pre-qualiification amount, knowing your monthly debt to income ratio, and figuring out several optional mortgage payments that you feel comfortable with.
After visiting your loan officer or mortgage company to find what kind of loan you are approved for at what interest rate, use the link below to figure your average monthly payments:
Be sure to insert several different loan amounts (in close range to your realistic budget) so you will have a good idea of payments while looking at different priced homes with your REALTOR.
If you have any questions, contact us so we can direct you towards the right path to get the answers you need!
"Sell & Buy with CENTURY 21 Frank Frye!"