Applying for a mortgage

[questionseverything]

5. My experience is the bank will loan a person too much money for the person to be comfortable

If you have calculated to the penny how much payment you can afford, first does that include insurance and property taxes?

Whatever you feel you can afford, back up that number by 10-20% to cover what goes wrong because something always goes wrong

You only need one pre approval, I always go with a local company even if it cost half a percent

Ty once you have closed and have a mortgage, round it up , making sure you designate the extra going towards principle, you will cut years off your mortgage and save thousands in interest

Have fun !