How can credit and savings impact your loan?
A low credit score may mean a higher interest rate and monthly payment.
Down payment, purchase price, and loan terms and interest rate, affect your loan amount.
Factor in principal and interest, property tax and homeowners insurance to your payment.
Your debt-to-income ratio is your income less income tax, expenses and debt.
See what your credit score represents and how to find it.
The factors an underwriter considers when deciding whether to approve your loan.
Tips include talking to a lender, investing and creating a special savings account.
You can estimate your monthly mortgage payment if you have an idea of how much your new home will cost.