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Avoid Debt Overload By Balancing Income Versus Debt

Posted by Bonnie Martin Designated Broker on Tuesday, April 23rd, 2013 at 8:37am. - When you are deciding if you can afford to finance a home it’s important to know how much you can afford in relation to your existing debt obligations. You want to make sure you that what plan to spend each month can work within your existing budget. Lenders will not approve you to take out a loan that could overload you and more importantly you need to make sure that you can pay your bills as well as save for the future and for potential emergencies.

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