What Percentage Of Income Can You Afford For Mortgage Payments?


What percentage of your income can you afford for mortgage payments? Do you use gross monthly income or take-home pay? Learn how much house you can afford with simple rules based on your monthly income.

How Much House Can You Afford?


Shop for your new home the smart way! Learn how to calculate how much house you can afford before hitting that open house or applying for a mortgage.

FHA Mortgage Loans: A Good Idea For First-Time Buyers?

FHA loans are designed to low to moderate income home-buyers afford a house with more lenient credit score requirements and a low down payment. The pros and cons of using an FHA loan to buy your first house.

How To Qualify For An FHA Loan

FHA loans help you buy a home with limited credit or a reduced down payment. Learn how to qualify for an FHA loan and what to expect when you apply.

15-Year Mortgage vs 30-Year Mortgages


You’ll pay far less interest on a 15-year mortgage, but the bigger payment can mean less financial flexibility. These are a few questions to ask yourself when deciding between a 15-year and 30-year mortgage.

How to Pay Off Private Mortgage Insurance (PMI) and Save $200 a Month


Though PMI is tax deductible through the end of 2013, most homeowners would rather actually save the money each month than have another write off come tax time.

Our Credit Isn’t Perfect; How Can We Prepare to Get Home Financing?


You want your financial ducks in a row before you even begin looking at houses. And if you or a co-applicant has a credit issue, this becomes ever-more important. Here’s what to do with your finances in the months leading up to buying a home.

What Your Mortgage Interest Rate Really Means

A free Google Doc loan payoff spreadsheet from MoneyUnder30.com

With mortgage rates so low right now, it seems everybody is talking about what a smoking hot mortgage rate they got on their new house. But mortgage rates are tricky. It’s easy to look at a 3.75 percent APR mortgage rate and say “holy cow” when, 25 years ago, the national average interest rate for a […]

Q&A: Can We Get Approved For A Mortgage With $109k In Student Loan Debt?

Should you buy a home even with big student loan debts? It depends on your goals.

Can you buy a house with large student loans? Probably. But the bigger question is whether or not you should. And if you do get a mortgage, how much should you borrow? Here’s a rundown of what the banks will let you do, and what you should actually do.

So, You Want a Mortgage? What You’ll Need to Get Approved Fast

To get approved for a mortgage, you'll need to get your finances -- and your paperwork -- in order.

What does it take to get a mortgage? Yes, you need a good credit score, but here we look at what else you need before you apply for a home loan. Usually, this includes a job and a reliable income history that can be verified by at least two years of tax returns.