Sticker shock is one of the biggest reasons why people are anxious when buying a home. However, once you know how mortgage money works, you will likely realize your buying power is stronger than you think. All because you’re using other people’s money.

*Not intended as accounting or investment advice. Contact your financial advisor for advice specific to your own situation.

Payment calculators are to be used for a general estimated idea of what a monthly mortgage payment could be. Additional fees that could be required are not part of this calculation.