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Lesa Miller, Broker|REALTOR®Yes. Student loans don't stop you from buying a home in Indiana, but they count in your debt-to-income ratio. Here's how FHA and conventional lenders figure your student loan payment, and what to do first.
Lesa Miller, Broker|REALTOR®On a $75,000 salary, a common rule of thumb puts your housing budget near $1,750 a month. At this week's 7.40% average rate, that's roughly a $210,000 loan. Here's the math, and what changes it.
Lesa Miller, Broker|REALTOR®The 30-year fixed averaged 7.40% this week, unchanged from last week, per Freddie Mac. What that means for a monthly payment in Bedford and Bloomington, and what to do about it, in plain English.
Lesa Miller, Broker|REALTOR®No. IU Health Bloomington Hospital is about 14 minutes from Ellettsville. Here are drive times from Ellettsville, Spencer, Nashville and Bedford, and what to check before you buy.
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Lesa Miller, Broker | REALTOR® · Lesa Miller Real Estate · RE/MAX Acclaimed Properties · 3695 S Sare Rd, Ste 138, Bloomington, IN 47401 · Each office independently owned and operated