Can we even afford our dream house? What do we need to do in order to find out?

Can we even afford our dream house? What do we need to do in order to find out?

First, if you need a mortgage, what is he highest monthly payment that you can afford (better to consider the worst-case scenario)? In addition, you should be prepared to make a down payment of at least 30% of the cost of the property. For more information about mortgages, please read The Hidden Secrets of Mortgage Banks and use our mortgage calculator.