Affordability Archives

27

Oct

MortgageAffordability, Mortgage Payments, Mortgage Savings

How Everyone Can Reduce Their Monthly Mortgage Payment

For many people, their biggest monthly bill is their mortgage payment. Therefore, it should come as no surprise that there are a lot of people who are looking for ways to reduce their monthly mortgage payment. The positive news is that there are several ways to do so. By putting some of these tips to use, everyone can find a way to pay less every month on their mortgage, helping them save money for other expenses such as a new car, college expenses, or that next vacation. Shop Around Before Getting A Mortgage For those who are still in the…

How Much House Is Too Much House: A Mortgage Calculation Guide

When it comes to finding a home, this is an exciting time. Many people love looking at houses; however, the reality is that people also need to think carefully about how much house they can actually afford. Buying a home is a big decision and for many people this is going to be the most expensive purchase they ever make in their lives. Therefore, it is important to take the time to get this decision right. There are plenty of ways for people to calculate how much house they can actually afford. With a budget in mind, this will make…

3 Budgeting Tips to Help Make Your New Mortgage Payments Easier

Buying a new home is an exciting time, but excitement can easily turn to stress if there isn't enough money to pay the monthly mortgage bill. The added expense can take some time to get used to, but there are ways to make the payments easier, especially in those first few months when money is the tightest. Prioritize The Mortgage Bill And Pay It Immediately This may seem like a counterintuitive tip for anybody looking for help making mortgage payments, but it is easily the best one and the one that provides the most trouble for homeowners. Late mortgage payments…