Saving YOU $$ with savvy mortgage advice. Specializing in financial wellness. NMLS 1182773
Let’s break down the mystery of figuring out your homebuying budget.💰 The 30% Rule: ✅ Keep it simple: Aim to spend no more than 30% of your monthly income on housing costs (mortgage, property taxes, and homeowners insurance). ✅ Example: If you earn $5,000/month, your ideal monthly housing payment would be around $1,500. Beyond the 30% Rule: ✅ Consider other factors: Your down payment, credit score, and interest rate can significantly impact your borrowing power. ✅ Consult a lender: A mortgage professional can provide personalized advice and help you understand your options. Ready to take the next step? Let’s connect to discuss your homebuying goals. 🏠 #homebuyingtips #firsttimehomebuyer #mortgagetips #realestate #homeownership #financialplanning #budgeting #moneytips #personalfinance #homegoals #homeinspiration #homebuyingjourney #kcmortgagelender
