With all the loan payment calculators out there, many people get a certain price range in their heads, only to be disappointed when they realize they can’t afford it after all.
Your best bet is to speak with a lender, and get a full pre-approval. This way you can not only get the most accurate idea of your price range, but having your credit and employment histories, as well as other details, taken into consideration will allow you to compare various loan programs that your lender may offer. The program you use will affect your purchase price and monthly payments, along with the actual amount you put down and spend on closing costs.
Equal Housing Opportunity | Real Estate Agents
