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How to determine the mortgage I can afford?

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How to determine the mortgage I can afford? Real estate purchases financed by mortgages typically represent the single largest investment most people ever make in their lifetimes. What you can afford to borrow is based on a number of factors beyond just what a bank is willing to lend you. You should take stock of […]

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What is mortgage affordability?

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What is mortgage affordability? After saving up for a sizable down payment, you should then determine how much of a mortgage you can afford, which is the amount you will pay back to the lender each month along with interest. Your mortgage will equal the purchase price of your property minus the amount you have

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