How much cash will I need to purchase a home?
Matthew Stephen2021-09-09T16:11:15+00:00The amount of cash that is necessary depends on a number of items. Generally speaking, though, you will need to supply: Earnest Money: The deposit [...]
What does my mortgage payment include?
Matthew Stephen2021-09-09T16:10:38+00:00For most homeowners, the monthly mortgage payments include three separate parts: Principal: Repayment on the amount borrowed Interest: Payment to the lender for the amount [...]
How do I know which type of mortgage is best for me?
Matthew Stephen2021-09-09T16:09:53+00:00There is no simple formula to determine the type of mortgage that is best for you. This choice depends on a number of factors, including [...]
How do I know how much house I can afford?
Matthew Stephen2021-09-09T16:09:26+00:00Generally speaking, you can purchase a home with a value of two or three times your annual household income. However, the amount that you can [...]