Tuesday, January 5, 2010

Home Buyer Calculator First Time Home Buyer...don't Know Anything About FHA Loans Or Mortgage Amount For My Income???

First time home buyer...don't know anything about FHA loans or mortgage amount for my income??? - home buyer calculator

I live in Colorado, please start a new job where I have a minimum of 68,500 (the medical field, he is able to increase my income more than 75,000 extra hours). I want to buy a house, but since they have a new graduate, you basically very little for a down payment. I do not know how much of a housing payment you can afford per month, while saving money to pay, etc. No student loans, the government is doing to me, and I lower other monthly payments, no children, and I just .. .

My question is: Are there any disadvantages of an FHA loan? Can someone me a clear answer on how much a mortgage you can afford, rather than the general online calculator? NO RESPONSE general tips that I found online. I want to hear personal experiences of someone else. As a first time buyer, I will not live beyond my means, and another victim of the housing market ... Thank you!

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