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A significant portion of how your lender determines how much you can qualify for depends on your month debt-to-income ratio. Meaning, how much income you earn each month divided by your monthly obligations; including (but not limited to) your new mortgage payment, auto loans, credit cards, student loans, child support. etc.
Budgeting is a powerful tool that can help you successfully plan your financial future, and qualify for the home you want.
On the right hand side, please feel free to download this monthly budget worksheet to help you get started on reaching your financial goals today!
gary h
michael s b
laura w
brian b
kenneth t
erica w
jamie t
richard u
elizabeth u