:: home   :: login   :: resources   :: contact us
<img src="/images/heading_right.jpg">
► Orientation   ► Budgeting   ► Establishing and Maintaining Credit   ► Shopping for a Loan to Buy a Home
   


 

Step 8 – Calculate the Mortgage Payment You Can Afford

You have reached the point in your preparation for homeownership where you will learn the difference between what you can safely afford to pay each month for a home loan and what most banks will estimate you can afford.

Click here to use the Calculate the Mortgage Payment You Can Afford tool.

Click here to review tips on How to Afford a Larger Monthly Mortgage Payment.



:: previous       :: next  
 
8 Steps to Budgeting
•   Understand the Importance of Personal Money Management
•   Track Your Spending
•   Set Your Goals
•   Add Up Your Income
•   Review and/or Open Checking and Savings Accounts
•   Create a Spending Plan
•   Create a Savings Plan
•   Calculate the Mortgage Payment You Can Afford
  © 2005 Third Federal Savings & Loan. All rights reserved.