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re: How much house could I afford
Posted on 11/8/17 at 8:50 am to Retrograde
Posted on 11/8/17 at 8:50 am to Retrograde
Big difference in what you can afford and what you should afford. Like you can afford $800/month for vehicles but you shouldn't.
The rule of thumb is your monthly mortgage should not exceed 25% of your take home pay, including taxes and insurance.
Get rid of those car notes. Cars are the worst "investment" you can ever make.
Read (listen on audiobook): "Total Money Make Over" by Dave Ramsey.
The rule of thumb is your monthly mortgage should not exceed 25% of your take home pay, including taxes and insurance.
Get rid of those car notes. Cars are the worst "investment" you can ever make.
Read (listen on audiobook): "Total Money Make Over" by Dave Ramsey.
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