Search results for “28/36 Rule”


Buying a House: Learn About What Goes Into Mortgage Payments
September 1, 2021

Buying a House: Learn About What Goes Into Mortgage Payments

Here’s How to Calculate Your Mortgage Payment While there are many costs associated with owning a home, let’s start with what exactly makes up a large portion of the cost – your mortgage payment. A...


Budgeting for Home Ownership
April 28, 2021

Budgeting for Home Ownership

How Much Are Closing Costs? Buyers need to have cash on hand for closing costs which can amount to between 2% and 5% of the purchase price, depending on which state you live in. Additionally, the more...