Joe Bragg

HomeBuyingDecisions.com Tells Visitors How Much House They Can Afford

 

San Francisco, CA -- (SBWIRE) -- 04/08/2013 -- Buying a first house can be a stressful experience. And finding the right mortgage is one of the most stressful parts of that experience. It can be difficult to lock into the best interest rate, and optimizing the monthly payment to fit within a budget can feel like a dangerous guessing game to first-time home buyers.

That’s why a website called HomeBuyingDecisions.com wants to show prospective home buyers exactly how much house they can afford. The HomeBuyingDecisions.com website features detailed information for first time home buyers, including how to choose the perfect mortgage. The website also includes a number of helpful calculators designed to show visitors exactly how much a mortgage will cost.

As a spokesperson for HomeBuyingDecisions.com explains, the goal of the website was to collect all of the home buying resources people need into one single website:

“We understand that buying a home can be difficult. Whether someone’s buying their first home or their fourth home, wading through mortgage paperwork can feel like walking through a minefield. Our goal is to educate prospective home buyers long before they lock into a mortgage. For that reason, our website includes useful tools like a rent versus buy calculator, a mortgage amortization calculator, and detailed information about mortgage interest rates.”

The site’s numerous calculators are designed to simplify mortgage-related number crunching. The “How Much Mortgage Can I Qualify For” calculator is a particularly popular part of the website. Using that calculator, visitors simply enter their income amount and marital status along with their estimated down payment. Then, the calculator outputs exactly how much house that applicant can afford. Visitors can also slide the monthly payment to the left or right to conform to their budget. The calculator can also be found under the “How Much House Can I Afford” section of the website.

As the HomeBuyingDecisions.com spokesperson explains, one of the biggest advantages of the calculator is that it includes all of the costs of owning a home:

“First time home buyers often don’t realize how expensive owning a home can be. There are all sorts of costs involved with closing the sale, as well as ongoing costs of home ownership. The calculator considers all of these costs, including mortgage insurance, real estate taxes, and home insurance. The goal is to provide home buyers with the most accurate possible figures regarding the cost of home ownership.”

After reviewing the home buying information on HomeBuyingDecisions.com, visitors can contact the website for more information about mortgage applications. Whether wanting to learn about all the costs involved with a mortgage or simply interested in discovering how much house someone can afford, HomeBuyingDecisions.com aims to be the first website visitors turn to when seeking mortgage advice online.

About HomeBuyingDecisions.com
HomeBuyingDecisions.com is a mortgage information website that explains the intricacies of mortgages, home buying, and the renting versus buying process. The website features a number of helpful calculators, including a calculator which determines exactly how much house someone can afford. For more information, please visit: http://homebuyingdecisions.com