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A stylish kitchen with light gray cabinets, a large island with three woven bar stools, and two unique light fixtures.

How Big A Mortgage Can I Afford?

Not only does owning a home give you a haven for yourself and your family, it makes great financial sense, too.

This calculation assumes a 28-percent income tax bracket. If your bracket is higher, your savings will be too.

Rent: _________________________

Multiplier: X 1.32

Mortgage payment:_________________________

Because of tax deductions, you can make a mortgage payment—including taxes and insurance—that is approximately one-third larger than your current rent payment and end up with the same amount of income.

To determine what your monthly mortgage payment would be on various loan amounts, visit the NAR Website.

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Clients describe Jen as approachable, detail-oriented, and deeply invested in their goals. With her, you are never just another transaction, you’re a neighbor, a friend, and a partner in making your Florida Keys dreams a reality.

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