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Doug & Mary Horn |
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Can I afford a home? This is the question everyone has. The answer depends on a wide range of variables. Using the calculator below you can determine the monthly Principal and Interest (PI) payment for your loan. This will help give you an idea of how much house you can afford. Enter the amount of the loan, the Annual Interest Rate (APR) and the length of the loan (Typically 30-years), click the calculate button. Remember, in addition to principal and interest you are also responsible for taxes and insurance and utilities. These vary depending where you live, and how cool you keep your home and many other variables. For help in determining these contact me. |
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