💰 Understanding Mortgage Costs

What's in a Mortgage?
We break it all down in our Homebuyer Series I & II — from what a mortgage actually is to what you can truly afford.

🧠 The 4 C’s of Credit (What Lenders Look For)

💵 Capital
Your savings for a down payment and closing costs.

🏡 Collateral
The home you’re buying — its value and condition.

📊 Capacity
Your ability to pay the loan and your other bills.

📈 Credit History
Your record of borrowing and repayment. (We’ll show you how to read and improve it.)

🧾 How Much Can You Afford?

A good rule of thumb:
You can typically afford a home that costs 2.5–3x your annual income
(based on good credit, steady income, and low debt).

But the best guide?
Your comfort level.
We help you run the numbers and honor your true monthly budget — not just what the lender says you can spend.