How much home can I afford in St. Petersburg?

Buying a property is a big accomplishment when it comes to money and needs careful thinking. Many things, like how big your family is, what job opportunities you have, and where you want to live, can affect this choice. Deciding to buy a house is one thing, but managing the money for this important step is a whole other challenge.

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Establish Your Maximum Budget For A Home

The St. Petersburg Mortgage Company offers a free tool to help people in St. Petersburg figure out how much they can spend on a house. This tool calculates the highest price you can afford for a home depending on the monthly payment you want to make.

*Please note that this tool does not indicate whether you would qualify for the loan amount it estimates.

Take The Next Step

Once you’ve decided to buy a house, it’s super important to find homes that fit your budget. Consider things like how much you make in a year, how much debt you have compared to your income, and how much you spend each month. Also, keep in mind outside factors like interest rates and the average prices of homes in the area.

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