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Everything You Need to Know About Mortgages

Money Guy Show

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How Much House Can You Afford on a 15 Year Mortgage?

If you're looking at a 15 year mortgage, you can afford a mortgage of 207 thousand dollars. At a hundred and 30 dollars a square foot, again, thitis, assuming after ten % down payment, you can buy a house that has about one thousand 769 square feet. Now reverse that. You go ahead and you do the 15 year mortgage. And you look at it, and maybe you decide, because i'll tell you my personal story. A learned member, wisdom is created through experience, did a 15 years mortgage on his second home. It was at four and three quarterst was a steel on a 15 yeargage at the time. But then we decided we were going

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