Home Buying Part 4: Budgeting with Kyle Seagraves

Now that we’ve discussed how to apply and qualify for a mortgage, now we’re going to talk about what all the numbers mean and how you can look at your budget to realistically afford to buy a home.We’ll go into detail about:Debt to income ratioDream home versus starter homeUpfront costsHow to choose between a 15 year and 30 year loan termBudgeting and investment strategiesHow to use points and what that means for the interest rateDon’t let the payment estimators online fool you. Make sure you talk to a loan officer before you really factor in your numbers because Zillow won’t do that for you.Connect with Kyle:Purchase Price Calculator: https://www.winthehouseyoulove.com/max-purchase-price-calculatorLoanClarity Advisor: https://www.winthehouseyoulove.com/advisorOn YouTube: https://www.youtube.com/c/WinTheHouseYouLoveOnline: https://www.winthehouseyoulove.com/We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Now Open: Money Mavens group coaching program! There’s a special prize for anyone who signs up in the first week at confidentmoneypodcast.com.Enter to win a free strategy session with me!  Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie production