• Menu
    zillow-icon-02
    (316) 204-3645
    (316) 204-3645

Heather StewartHeather Stewart

  • Property Search

    Search By Map

  • Listings By Email

    Listings Updates Sent To Your Inbox

  • Home Valuation

    What’s Your Home Worth?

  • My Accounts

    Save Listings And Searches

How Much of My Monthly Income Should I Spend on A Mortgage?

How Much of My Monthly Income Should I Spend on A Mortgage?

 

Before you plan to spend the maximum amount you’ve been approved for, consider whether you can really afford the mortgage your lender offers. Here’s how to determine how much of a mortgage payment your budget can handle each month.

According to the latest data from Trulia, the median selling price for a home is $192,000. That’s far more than most of us could afford to pay in cash, and why most of us take out a mortgage. But don’t rely on a lender to tell you how much of your monthly income you can comfortably spend on your home. They may let you borrow the maximum possible amount, but that doesn’t mean you should — or must — take them up on the offer. Crunch your own numbers first to determine how much money you can put toward your mortgage each month before you start searching for homes for sale in Alexandria, VA, or Boston, MA.

Read the whole article here:

– See more at: https://www.trulia.com/blog/how-much-mortgage-can-i-afford/#sthash.S54GP5n4.dpuf

 

http://How Much Of My Monthly Income Should I Spend On A Mortgage? –

See more at: https://www.trulia.com/blog/how-much-mortgage-can-i-afford/#sthash.S54GP5n4.dpuf

Posted in: In The News Tagged: Derby KS Homes for Sale, Heather Stewart, Homes for Sale in Derby KS, kansas luxury real estate agents, wichita homes for sale, Wichita Real Estate

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Post navigation

« Your guide to the top St. Patrick’s Day 2017 parties in Wichita
See Recently Sold Homes in Wichita KS »

Property Search

Advanced Search

Home Buyers Guide

Click here to get your
Free Homebuyers Handbook

Meet Heather

(316) 204-3645

Follow Heather on Facebook

Featured Properties

Quick Search Links

  • Basic Search
  • Search By Map
  • Advance Search
  • Address Search
  • Browse By City

Account Login

Heather Stewart

Coldwell Banker Plaza Real Estate
12221 E Central Ave.
Wichita, KS 67206
Phone: (316) 204-3645
©2019 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated.

 

 

Terms of Services | Privacy Policy | Sitemap

Font Resize
Contrast
Accessibility by WAH
  • Home
  • #30 (no title)
  • Buyer
  • Communities
  • Estimate
  • Feature/Market Your Home Online
  • Find The Perfect Home
  • Free Special Report
  • Got A Question?
  • Home
  • Privacy Policy
  • Professionals
  • Relocating to Witchita
  • Sellers
  • Sign Up for Market Snapshot
  • Subdivisions
  • Terms of Services
  • Testimonials
  • Thank You For Requesting Our Report
  • Wichita School Districts
  • Wichita Subdivisions
  • Wichita, KS Real Estate Blog