Answering if is it possible to afford a house and knowing exactly how much when looking for the new house could be difficult, and it has to depend on several contributing notions. While "professionals" might tell you you can spend 3 times your annual income, how true can that ultimately be if they haven't considered other causes then that? Make use of the CRISPED System (Credit, Risk, Income, Savings, Plans, Expenses, Debt) to assist you in what believe about before you decide just how much house you purchase.
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