Reader Question: How Much Money Do I Need To Buy My First Home?
Prairie Eco-Thrifter
JUNE 20, 2012
How much of your income would be used to pay down your house-related debts? For example, if you earn $50k, you could afford a house worth $170k. Closing costs can be as much as 20 per cent of the purchase price, for example. What if this is just too steep to be achievable for you? What Can You Afford?
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