How Much Charleston Home Can I Afford?

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Randy Poole
Broker In Charge
843-693-8333
randy@beaconsc.com

Jeff McIlhenny
Owner, Broker
843-452-2953
jeffm@beaconsc.com

How Much Charleston Home Can I Afford?

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How Much Charleston Home Can I Afford?

Now that you have made the decision to buy, it is important to figure out what you can buy.

Lenders will look at your current budget (income, assets, and debts), along with how much you have for a down payment to determine how much home you can afford. They can use this information to provide you with a price range, and let you know what your monthly payment will be.

It is not uncommon to qualify for more home than you can truly afford--only you know how much of a monthly payment you are truly comfortable making. This is why talking with a mortgage loan officer and getting a pre approval is so important as a starting point in the homebuying process.

Get In touch today with one of our loan officers and get pre approved!

Last Updated ( Tuesday, 17 November 2009 )

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