How Much House Can You REALLY Afford- RLFS101

How Much House Can You REALLY Afford- RLFS101

📌 YouTube Video Description – "How Much House Can You REALLY Afford?" | Real Life Finance Simplified 🚨 Thinking about buying a home? STOP and watch this first! 🚨 Many first-time buyers make the mistake of trusting the bank when they say, "You're approved for X amount!" But just because you qualify for a mortgage doesn’t mean you should max out your budget. In this video, we break down: ✅ The 28/36 Rule (How lenders calculate affordability) ✅ The hidden costs of homeownership that can drain your wallet ✅ Why the bank will approve you for more than you should spend ✅ The Smart Home Buying Formula to make sure you can actually afford your home without going broke 💡 Want to buy a home the SMART way? Hit LIKE if you found this helpful and SUBSCRIBE for more real-life financial advice – simplified! 📢 Drop a comment: Are you planning to buy a home soon? What’s your biggest challenge? Let's talk! ⬇️ 🔔 Subscribe for more:    / @reallifefinance101   #HomeBuying #FirstTimeHomeBuyer #MortgageTips #FinanceForBeginners #RealLifeFinanceSimplified