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Buying a home can be as terrifying as it is exhilarating and satisfying. This Cheat Sheet offers 20 of the top home-buying tips from the professionals. And it also gives you a monthly mortgage calculator to see how much house your budget can afford.
Copyright © 2016 Eric Tyson and Ray Brown. All rights reserved.Home Buying For Dummies 3rd Edition PdfTop 20 Hints for Home Buyers
You can never have too much information when shopping for your home. This comprehensive list was developed by real estate professionals to help you maximize your home buying experience. From looking at your budget to examining closing costs, this list can assist you from start to finish.
Home Buying For DummiesMonthly Mortgage Payment CalculatorHome Buying For Dummies 4th Edition
Using this mortgage payment calculator table, you can calculate the size of your mortgage payments based on the amount you want to borrow, the loanâs interest rate, and the length (in years) the mortgage payments last. To determine the monthly payment on a mortgage, simply multiply the relevant number from the table by the size of your mortgage expressed in (divided by) thousands of dollars. For example, if you take out a $150,000, 30-year mortgage at 7.50 percent, multiply 150 by 7.00 to arrive at a $1,050 monthly payment.
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