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    • What is the 28/36 rule for home affordability?

      What is the 28/36 rule for home affordability?

      Bankrate via Yahoo Finance· 8 months ago

      “How much can I afford to pay for a house?” It’s a question all hopeful homebuyers ask themselves. Coming up with a number might be easy — simply...

    • What is PITI?

      What is PITI?

      Bankrate via Yahoo Finance· 5 months ago

      Key takeaways The principal, interest, taxes and insurance (PITI) comprise your monthly mortgage payment. You can calculate your PITI payment yourself or...

    • What is mortgage amortization?

      What is mortgage amortization?

      Bankrate via AOL· 5 months ago

      Key takeaways Mortgage amortization refers to the split between how much of your loan payment goes toward principal vs. interest. At the beginning of...

    • What income do I need to afford a $700,000 house?

      What income do I need to afford a $700,000 house?

      Bankrate via Yahoo Finance· 9 months ago

      Does your dream home have a $700,000 price tag? That’s well above the National Association of Realtors’ median price for a home, which in July 2023 was...

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