These days banks are less likely to loan you an amount that is outside of your budget, but that doesn’t mean that you don’t need to take a look at your budget in order to determine what size of a house payment you are comfortable with. A bank can make estimations, but you might have other expenses that the bank might not consider. What if spending hundreds on scrap-booking, pets, or an old hot rod each month is important to you? The bank couldn’t know that. Please follow the link below to access a basic budget worksheet that can help you know what size of a house payment you can really afford. If you have any questions about creating a budget, budget resources, or what should be included in your budget, contact Jenny Kopriva today!
- Budget Basics Work Sheet