Updated 3/6/17; Originally published 8/26/15 Takeaways Budget based on your monthly mortgage payment, not your purchase price Plan on that mortgage going up Your lender is your #1 resource for planning your budget Considering buying a home? Don’t know how much home you can afford? Look no further! Starting a Home Budget The very first […]
Fort Hood is overwhelmingly renters. According to the US Census, 1/3 of Americans are renters. That ratio is flipped in the Fort Hood area – 2/3 of Killeen residents are renters. The reason is the military. The Fort Hood area is also overwhelmingly military personnel (54% of loans are VA loans, for example). Military are more likely to rent than buy (more on that below). Some would likely be well served by considering buying.