When you decide to buy a home,which of these questions should be answered?
A)What is the maximum amount that a bank will lend me?
B)Should I borrow up to this maximum?
C)How big of a down payment can I afford?
D)All of the above

Question

Quizplus · Accepted Answer

All these questions should be answered before buying a home. Knowing the maximum amount a bank will lend can help you determine the price range of homes you can consider. Deciding whether or not to borrow up to this maximum may depend on your individual financial situation and goals. Understanding the size of the down payment you can afford will also factor into your home-buying decision.

When You Decide to Buy a Home,which of These Questions