Ready to Buy A Home?
Calculate How Much House You Can Afford
Down Payment And Closing Costs
Get Pre-Approved For A Mortgage
What type of home do I want? Condo. . . single story ranch-style . . . 2-story? What will I need to provide to the mortgage lender?
How much do I need for a down-payment? First time home buyers can greatly underestimate the amount of money it takes to buy a home. At A&M Futures, we are here to help you plan in advance so you are ready to buy your dream home, whether it’s your first or fifth home. Did you know that when you work with A&M Futures, it makes you more “bankable” to your mortgage lender? Your mortgage lender’s application will actually ask you about that.
One of the most important costs when buying a home is the down payment. A typical amount for the down payment is anywhere between 5-20% of the total cost of the home. Closing costs are required to complete the sale and must come out of your pocket as well. Closing costs vary due to state and local taxes and regulations, but plan on spending another 2-5% of the home’s value. And don’t forget about moving expenses!
The key (no pun intended – maybe it is) to your new home is planning, and A&M Futures is key to making that dream home possible.
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