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How to Find Affordable Houses: 13 Smart Ways to Save on Your Next Home

Redfin

Below are some of the best ways to find an affordable home without breaking the bank. It suggests your mortgage payment should be no more than 28% of your gross monthly income , covering principal, interest, taxes, and insurance. The 28/36 rule is a common mortgage budgeting guideline.

article thumbnail

How to Find Affordable Houses: 13 Smart Ways to Save on Your Next Home

Redfin

Below are some of the best ways to find an affordable home without breaking the bank. It suggests your mortgage payment should be no more than 28% of your gross monthly income , covering principal, interest, taxes, and insurance. The 28/36 rule is a common mortgage budgeting guideline.