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So I'm in the early stages of going for a mortgage. I'm in my early 20s and have been talked into the idea by friends and colleagues. My idea is to spend as much time as possible to find a good deal on a house in the low $100,000s. During this time I will simulate making mortgage payments on the house by depositing them into a separate savings account. My question is how should I budget, and really how much can I actually afford?

Annual income before tax $39,500 (generously low).

Monthly expenses $1700 (generously high).



Submitted August 30, 2018 at 11:16PM by BlatantVandalism https://ift.tt/2LI4FCD

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