http://mobile.alabama.mls.searchrealestatehomesforsale.com If you are looking to buy or sale a house in Mobile Alabama ,please use our EZ home search above. Whether or not you can live comfortably with the amount of your suggested monthly mortgage payment is a decision best made by you, the buyer. Housing Expense Ratio Debt-to-Income Some hints to help you determine a mortgage amount that makes it possible for you reasonably to meet your long-term goals and needs: • CRUNCH THE NUMBERS: Compose a budget including your estimated mortgage payment including taxes and insurance. • MURPHY'S LAW: Utility costs should be included in your housing budget with an additional amount set for costs of future home maintenance and repairs. LOOK AT THE BIG PICTURE: Be sure to take other financial goals into consideration such as paying for college tuition or saving funds for retirement.
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