How $700 is costing you $100,000
1 year ago
3
homeownership
buyingahome
realestate
downpayment
carpayment
homeloans
homebuyingtips
howtobuyahome
firsttimehomebuyer
shorts
debt
Your car payment is drastically affecting how much home you can afford. Eliminating a $700/month car payment could boost your buying power by about $100,000. That’s the difference between a home with a pool and one without. Or a home in a safer neighborhood with better schools vs a less desirable neighborhood. Or a home that’s been fully remodeled vs one still stuck in 1970. Work with a loan officer to strategize your financial scenario and find the best path forward.
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