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How much can I afford?

Author: 
Condos.ca Staff
Publication date:
February 21, 2020
Article Summary: 

The blog post explains how to determine how much one can afford when buying a home. The article explains the difference between the maximum amount one can borrow and the ideal amount one should borrow based on their income, expenses, credit score, and other factors. The article also suggests using an online mortgage calculator to determine the monthly payments and associated costs based on different scenarios. The author recommends speaking with a mortgage broker or lender to get pre-approved for a mortgage and to get a clear understanding of the associated costs of buying a home.

Keywords: 

afford, homebuying, mortgage, pre-approval, expenses, income, credit score, online calculator, costs.

Source Citation: 
Condos.ca Staff
How much can I afford?
February 21, 2020
https://condos.ca/blog/posts/how-much-can-i-afford
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