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The best way to decide how much you can afford to spend on a house is to go to your banks website and find a mortgage calculator. You will need to figure out how much you spend a month on bills, food, and other expenses so that you are still able to pay them. Also, if you are looking at buying a house start saving for a down payment as this can affect your monthly payments. The bigger the down payment, the less your mortgage payments will be.
How much house you can afford is based upon how much you make in a year along with other expenses. To figure out how much you have for a house add up all expenses used then subtract that from you total income.
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What does your credit score have to be to purchase a house?
if you can afford it.
What do you do when you can no longer afford your home?
The usual strategy when you can no longer afford your home is to seek less expensive housing. An alternative strategy would be to rent part of your home out to someone else, in order to increase your income so that you will be able to afford your home. Maybe your home can be more intensively utilized.
Can I sue my mortgage company for setting me up with a loan I can't afford I believe that they new this?
no do you still have the house?
How can one buy a house with no money down?
People go to the FHA and get mortgages, or loans to help them. There are also several programs for veterans, who want to buy a house and can't afford it.
What does foreclosure of a house mean?
Foreclosure on a house means that the previous owners did not have enough money to pay for their mortgage and therefore could not afford to maintain it properly, so the bank takes ownership of it.
Why doesn't every house have solar panels?
It is expensive to put in and not everyone can afford it. Until recently it also was not available for the homeowner .
How expensive is the most expensive sail?
If you have to ask, you can't afford it.
I want to buy a house but apartments are so swanky so would it mean that they are expensive?
What is your budget for a house? How big a house do you want? Their houses are luxurious but they are not overtly expensive and if you feel that you cannot afford it you should take the house on loan. It is worth the money spent as the work is good and the houses have all the facilities and amenities.
What would you do if you had a sick wife and that she could just buy an expensive medicine that you can not afford should you steal that?
No, what you should do is go to your neighbors house and ask if they have the proper medicine.
How do people afford to live in Los Angeles?
Rich people, actors, successful inventors, mainly successful people, are able to afford big and expensive houses, jobs, food, and cars in Los Angeles. But mediocre people can also afford normal paying house, cars, foods, and job.
Who can afford taverns?
Only 5% of a town or village that were rich could afford it because they were very expensive.
Is kate spade expensive?
Kate Spade is very high end and expensive, not many can afford
Can a engineer afford a lamborghini?
Yes, I've seen a few engineers who could afford more expensive cars.
What can large agricultural companies afford to buy that most family farms cannot afford?
Expensive land and equipment
What makeup is expensive?
Makeup that cost more than you can afford.
How regional unemloyment be a factor of house price differences between any two regions?
If people don't earn enough money, they won't be able to afford expensive houses.
Can dentists afford expensive cars?
What an odd question? Just about anyone can afford an expensive car if they (a) are willing to save up for it, and (b) are willing to sacrifice life's other experiences/objects!
