Be Life Rich, Not House Poor!

Buying at the top end of your pre-approval price could be setting you up for many dull years to follow. BECAUSE YOUR HOME COST IS MORE THAN JUST A MORTGAGE PAYMENT! There are property taxes, maintenance, utilities and more due every month. If those add up to 35% of your total income, you’re on the right track. If not you might have to sacrifice in other categories such as vacation, debt repayment or savings. Take a look at the pie chart to see how you can be life rich instead of house poor! NEED HELP FITTING A HOME INTO YOUR BUDGET? CALL ME FOR HELP TODAY! Mortgage Architects Steven Porter       CRMS ABR SRES Broker Lic. No. M15001919 Mortgage Agent P 905-878-7213 C 905.875.2582 Brokerage #12728 14 Martin Street, Milton, ON, L9T 2P9 5675 Whittle Road, Mississauga, ON, L4Z 3P8 Privacy Policy