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Know Your Budget

How Much Home Can I Afford?
$	Amount you plan to use for the down payment.
$	Amount you plan to pay each month.
	Years you plan to finance the mortgage.
%	Interest rate you plan to get on your loan.

$	This is the approx. cost you can afford.

There's no point wasting time and energy house-hunting before you know what you can afford. So your next step is to assess your finances:

Find out about interest rates
Understand your closing costs
Figure out your income, debt and down payment
Calculate how much home you can afford!

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