Sunday, June 3, 2018

Mortgages- what can you afford to buy?


by Madison

If you type the title of this into google you will get multiple calculators to help you calculate what house you can afford. These calculators will ask you things like, where you’re wanting to live, what kind of home you’re looking for (house or condo, on the TD calculator) your annual income, how much you have for a down payment, what monthly expenses you have (groceries, transportation, insurance, shopping or media), and any monthly payments for loans or any other monthly payments. With all of the calculations being made, be sure that you’re adding in the costs for another person if you’re buying a house with someone.

https://tools.td.com/mortgage-affordability-calculator/