We all want to be able to afford a nice home.
You may already know this, but I am going to demonstrate how
the same monthly payment of $1,900 can buy a more expensive home.
This is the same idea no matter what the monthly payment is, just pick a number.
*The secret is your credit score and how much your other debts are.
These 2 determining factors that will limit how much home you can afford and what your monthly payment will be.
Let’s discuss credit first:
Scenario, Let’s assume the following: