Look past the price tag!
Did you know that price may not be the most important number to consider when you’re shopping for a home?
A home with a lower price could end up costing more each month!
If the lower-priced home has higher taxes or associated costs (like homeowners association or condo/co-op fees), you could end up with a higher monthly payment than you expected.
Here’s a quick House Payment Calculator to use while you’re shopping. It will help you estimate a monthly payment for the homes you like. You can see which are truly the most affordable for your budget.
While this is a good place to start, I hope we’ll talk further before you begin your home search. We would be happy to verify the necessary information to be able to provide you with a pre-approval that can give you a big leg up when making an offer on a home.
Any time you have questions about home financing, please reach out at 860.426.2447. We will be glad to help!