How to Buy Your Perfect First Home Quotes

“Here’s how it works: let’s say your income is $150,000 per year, or $12,500 a month gross. At 36% DTI, your total monthly payments, including your proposed mortgage, taxes, homeowners insurance, and homeowners’ association (HOA) or condo fees can’t exceed $4,500.”
― Anthony S. Park, How to Buy Your Perfect First Home: What Every First-time Homebuyer Needs to Know

“As a rule of thumb, plan to spend about 1% of your home’s purchase price (or $5,000 on a $500,000 home) each year to maintain it.”
― Anthony S. Park, How to Buy Your Perfect First Home: What Every First-time Homebuyer Needs to Know

“If you think about it, buying a home is actually three of your biggest financial decisions wrapped into one: Your home is your biggest purchase Your mortgage is your biggest loan Your real estate broker is your biggest professional bill”
― Anthony S. Park, How to Buy Your Perfect First Home: What Every First-time Homebuyer Needs to Know