Budget for a New Home

buyer
Written By Jenny Hershberger
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Whether you’re going to purchase a home in the near future, or you know you want to own a home later on in life, it’s never too early to create a home purchasing #budget.

How do you do this? 
 1st Add up all your sources of income.
 2nd Add up all your monthly non-housing expenses. Spare no detail here!
 3rd Subtract both and you’re left with the amount you can use to cover housing expenses.

As daveramsey.com suggests, “keep your mortgage payment to no more than 25% of your monthly take-home pay on a 15-year fixed-rate mortgage. Don’t forget to save a little extra each month to cover regular maintenance.”

#jhersh #bozemanrealestateexperts #buyahome

Jenny Hershberger

I am a published author, free lance photographer and communication designer. I deeply enjoy learning from new people. Exploring cultures, including various colors, aromas, cuisines, traditions . . . have always intrigued me. My love for traveling and enjoying God's creation is a huge part of my existence. My background in marketing and passion for people have led me onto a path as a real estate agent. My knowledge of the marketing business allows me to give clientele a custom package, giving one's property an edge above the competition.

Read about some of my travels at www.BeyondRoadSigns.com. Purchase my book at www.SingleAndContent.com.

Ask me about real estate in Montana.
REALTOR® with Bozeman Real Estate Experts

https://www.jhersh.com
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