If you are in the process of buying your first home, no doubt you must have already spent hours online searching different MLS sites looking for that perfect house in the perfect neighborhood. But how much time have you spent planning for the finances behind buying for that perfect house? Have you thought about what your monthly mortgage payment will be? Have you thought about property taxes? What about property insurance? Most important, have you started to build a budget of your monthly expenses to make sure that you will be able to afford these new housing expenses after buying your house?
The finances behind buying a home are complicated. To make a savvy home purchase decision, not only do you have to understand different concepts such as PITI, Amortization, and Tax Benefits, you have to understand how these different concepts work together. HomeBuyer Go! helps you intuitively understand how the different financial concepts in a home purchase work, what the different expenses associated with buying a home are, and gives you a bird's eye view of how these different concepts and expenses come together to affect your monthly finances.