Posts filed under mortgages

How do I decide how much to spend on a home?

Buying a home can be a daunting task.  How much should you spend though?

A good rule of thumb is about 30% of your take home pay should be used on Principle, Interest, Taxes,  and Insurance or (PITI).

But lets say you are selling an existing home and will have proceeds from that existing home to use on the purchase of your new home. What would that look like?

Posted on January 14, 2014 and filed under customers, mortgages.