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How Much Debt Do Americans Have? – But mortgages are not always good debt. spending more than you can afford or taking a loan at an above-market. You should consider how stable your income is, and how much of an emergency fund you.
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Here's How Much Mortgage You Can Actually Afford – The amount of mortgage you can afford also depends on the down payment you make when buying a home. "In a perfect world, we recommend a 20 percent down payment to avoid paying mortgage insurance.
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