Debt to Income Calculations

Posted by Doug on April 08, 2013
Money / No Comments

Buying a home is a dream for most people. They want to put down roots and secure a place for their family to grow and thrive. Investing in a house is also a risk. In most cases, the buyer is betting that they will be able to make regular payments on the property for twenty or thirty years and that the value of the home will remain stable or increase over that time. Otherwise they end up paying more for the house than they can later sell it for or they end up losing the house in foreclosure when they are unable to afford the payments.… Read the rest