How much money can I afford?

How to Know How Much House You Can Afford

If you’re in the market for a home, probably the very first step you’re going to take is determining your price range. And unless you’ve got a nice nest egg in the bank, that amount is going to come down to the monthly mortgage payment you can afford to make. Or is it? The mistake many homebuyers make -- especially first-time buyers -- is only taking the mortgage payment into consideration...

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