Episode 34: Home Buying Part 4: Budgeting with Kyle Seagraves

Aug 1

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 ratio
Dream home versus starter home
Upfront costs
How to choose between a 15 year and 30 year loan term
Budgeting and investment strategies
How to use points and what that means for the interest rate

Don’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-calculator

LoanClarity Advisor: https://www.winthehouseyoulove.com/advisor

On YouTube: https://www.youtube.com/c/WinTheHouseYouLove

Online: 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.

Music credit: Neon Fairies by Wolves

A Podcast Launch Bestie production

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.

Katelyn Stanton