Re: How much would I need to make a down payment on a HOME...
Also remember the rule of thumb that your mortgage debt shouldn't exceed 28% of income. That's another guide to help decide if you can afford the home you are looking at. An additional one is that you shouldn't spend more than 3 times your income on your home.
__________________
Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
|