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When it is time to go house shopping it is really helpful to know how much of a home you can afford. Knowing how much of a house you can afford will help you (and your REALTOR®) to narrow your house search down by price range. Knowing how much of a house you can afford will also help you to determine the other costs that are going to be involved with buying a home like a down payment, monthly mortgage payments and closing costs.

 

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