Mortgages: How Much Can You Afford?
Nov 3, 2011 . Your mortgage payment consists of four components: principal, interest . A good rule of thumb is that PITI should not exceed 28% of your gross .
4 Different Rules of Thumb For How Much House You Can Afford ...
Jan 2, 2007 . By definition, a “rule of thumb” is meant to be a greatly simplified . For a 30-year fixed mortgage with a rate of 6.25%, a monthly payment of .
25 Useful Financial Rules of Thumb
Mar 9, 2009 . A rule of thumb is a general guideline, an easy way to approximate a . Is a Money Merge Account a Good Way to Pay Off Your Mortgage? (795) .
Don't make yourself house poor
Feb 28, 2002 . Cavazos's rule of thumb is that the house payment -- principal, interest, taxes and hazard and mortgage insurance -- should add up to 28 .
How much home can you afford? Use our simple calculator
If you won't live long enough to pay off the mortgage . Here's the super-quick rule of thumb: Most people can afford a home that costs up to three times their .
How Much House Can You Afford?
Mar 5, 2010 . Your Maximum Mortgage Payment (Rule of 28): The golden rule in . A quick rule of thumb from when I worked in real estate was that the .
Tips & Warnings
Figuring Out How Much House You Can Afford to Buy
Nov 1, 2011 . The second rule of thumb is that your monthly housing related expenses (i.e., mortgage payment (principal + interest), real estate taxes, and .