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 What should your mortgage payment be?

Answer On One Hand: 25 Percent of Your Budget.Many mortgage loan officers and lenders suggest that borrowers never borrow more than 25 percent of their monthly pre-tax income to purchase a residence. Havi... Read More »
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Top Q&A For: What should your mortgage payment be

What should I do if I cannot afford a mortgage payment?

You have lost your job and unemployment will not cover all the bills, groceries and house payments. Or you or a family member suffers a medical emergency and health insurance does not cover all the... Read More »
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What percentage of a gross income should a mortgage payment be?

According to Bankrate, your mortgage payment, including principal, interest, insurance and taxes should not exceed 28 percent of your gross monthly income. To determine your maximum payment, first ... Read More »
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Should I Include Escrow in My Mortgage Payment?

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How Much Should My Monthly Mortgage Payment Be?

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