Financing

To determine what you can afford, figure out how much you can reasonably afford to pay each month (usually about 35% of your gross monthly income). In addition to paying principal and interest on the mortgage loan, you will have to pay taxes and insurance, which will be several hundred dollars a month.
You will have to pay for furnishings, landscaping, utility bills and other upkeep, in addition to your current expenses, such as car payments and cell phone bills.

Get the latest information and a great rate from Gerry Fornes at:

gerry@concordmortgage.com

Copyright 2009 Kathy Fornes. All rights reserved.
The information provided herein is supplied by several sources and is subject to change without notice.
Although all information is believed to be true and correct, Re/Max Town Center and Kathy Fornes does not guarantee or is anyway responsible for its accuracy, and provides said information without warranties of any kind, either expressed or implied.