Archive for May, 2009

How Much House Can You Afford?

Thursday, May 21st, 2009
An aerial view of housing developments near Ma...Image via Wikipedia

I was doing some research on the US Department of Housing and Urban Development (HUD) website and I came across a pretty cool calculator that figures how much house you can afford with an FHA loan. It’s pretty cool how it breaks everything down. Use the detailed explanation for more info. This could be particularly helpful for first time home buyers.

http://www.ginniemae.gov/2_prequal/intro_questions.asp?Section=YPTH

Thank God we don’t have anything in Burlington, Vermont that looks like that!

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