The Home Buying Guide

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After this lesson, you will be better equipped to navigate the mortgage landscape and understand how to finance your new home.

PITI is an acronym that stands for Principal, Interest, Taxes, and Insurance, which are the four main components that typically make up a monthly mortgage payment. Understanding each of these elements can help you better manage your finances and expectations when committing to a mortgage.

Understand the purpose of Earnest Money and how understanding the terms of a Sales Agreement can help you protect your deposit.