As you prepare to look for a new homes, make sure that you know how much you can comfortably afford.  You want to know how your credit and the type of mortgage you choose can affect your monthly payments and overall cost of the loan. You may qualify for a higher amount than you actually want to pay. It’s important to not only check with a mortgage agent to get pre-approved, but to know what the payments will be at that amount. Remember to factor in homeowner’s insurance, property taxes, utility bills, moving costs & maintenance  LEARN MORE