Security National Bank of Omaha offers some guidelines to help you determine what home you can afford.

WHAT HOME CAN YOU AFFORD?

Here are some guidelines to help you determine what home you can afford.

How much house can I afford?

Additional costs of homeownership

In addition to your mortgage payment, you also need to consider the other costs associated with owning a home. To help you understand how much you will be paying each month, in addition to your mortgage, create a budget including:

  • Property taxes
  • Homeowners' insurance
  • Maintenance or home improvements - For budgeting purposes, expect to spend around 1% of your home's value
  • Landscaping
  • Association fees (if applicable)
  • Utilities (gas, water, electricity, phone, cable, etc.)

We can help you take the next step

We can help make owning a home easier for you. To learn more, contact a Mortgage Consultant for a no obligation consultation to determine what type of loan you could qualify for.

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