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The calculator below will give you an idea of how much house you can afford, based on your income level, amount of debt, etc. As you'll see, how much house you can afford has a lot to do with what interest rate you get and how much debt you currently have outstanding. If you don't like what you see below, don't fret. The numbers calculated below are just a guide. There are a lot of programs that lenders have to work with first-time buyers where some of the ratios are relaxed. Contact me at laurel@laurelacker.com or 617.796.6126 for more information. |
