Budgeting Beyond the Home's Sales Price
Determining how much home you can afford takes some number crunching. Sure, you should look at the listing price -- but that's only one part of the equation. In reality, there are dozens of other expenses you'll face as a homeowner.
So what should you consider when budgeting for a home purchase? These expenses are a good place to start:
It's important to understand the full scope of a home's cost -- both now and over time. Make sure you have a clear picture of what you can and can't afford.