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Audrey D. Milam
Brinkley Realty Group, LLC

 
Office:
678-935-0887 ext. 966
 
Voice Mail:
404-490-0996
 
Direct:
404-561-4896
 
Fax:
404-284-0095
 
Home Fax:
404-241-3591
 
Email:
audrey @brinkleyrealtygroup.com
 
Website:
www.AudreyMilam.com
 

 
"How much home can I afford?" is a question most home buyers ask.

While there are varying thoughts on this a common rule of thumb is that your monthly housing expenses should not total to more than 33% of your gross (i.e. before taxes) income. That includes your mortgage payment, property taxes, and home owners insurance. So take a third of your current income and use that as the maximum amount that you'll be able to afford.

"How much will my monthy payment be if I buy that house?" is the next frequently asked question by a prospective home buyer.

For the answer to that we'll need to use a calculator... or, more appropriately, the mortgage calculator that we have provided below. Enter the price of the house, the intended length of the mortgage, the current interest rate (estimated here for you), and (optionally) your property taxes and insurance costs. Once you've entered that information click on the button and we'll estimate your monthly payments for you.
   






Brinkley Realty Group, LLC

4262 Clausell Ct. #B
Decatur, GA  300035
678-935-0887 ext. 966


Website content is © Copyright 2014 Audrey D. Milam of Brinkley Realty Group, LLC.  Any use without the express written permission of Audrey D. Milam is strictly prohibited.

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