Did you know that many lenders require a monthly payment range between 25-28% of your gross monthly income?
Your mortgage payment to the lender would include the following:
The principal on the loan
The interest on the loan
Property taxes
The homeowner’s insurance
Learn more! If you haven’t already done so, contact me for a FREE full packet to help enlighten you on your home-buying process. I look forward to making your experience enjoyable and easy!
Friday, November 30, 2007
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