💰 Understanding How Financing Affects Your Home Purchase
💰 Understanding How Financing Affects Your Home Purchase Many buyers focus on the listing price but forget financing can dramatically affect affordability: - Interest Rates: Even small differences can impact monthly payments. - Loan Terms: Shorter vs. longer loans, fixed vs. variable rates. - Pre-Approval: Knowing your budget in advance speeds up the buying process. Tip: Work with professionals to understand your options before making an offer. 💡 Question: What’s the most confusing part of mortgage financing for you?