Oakville Real Estate News

House Buying Advice


Blog by Joette Fielding | March 22nd, 2017


Home buying advice.jpgSometime in my mid-20s, I decided I wanted to ... buy a home.

I could afford a mortgage around $1,500 per month based on my expenses—mostly student loan payments—and salary. If I found the perfect home, I could stretch to afford around $1,750 per month.

As I searched for my future home, I played a financial game with myself. I’d soon be saddled with a $1,500 mortgage, so why not spend like I had one already? Why not pay a “pretend mortgage” before my real one, so I had a better idea of what it would feel like?

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