Im a veteran. My employment historyI was on active duty military for 1/2 of 2004 & all of 2005. Most of 2006 I didnt work & collected unemployment.
I work now and my monthly income is about $ 1000 from my job of 3 months, $ 200 from national guard drill pay, and dont know if this is income, but I get the GI bill 8 months of the year for college which is about $ 840. My fiance who Id be buying with makes about $ 8-900 monthly.
Cant afford much of a downpayment right now. Monthly I think we can pay about MAX $ 800. This would include any insurance or other fees related to the house not including utilities, electricity, etc… anything I dont already pay renting (dont have renters insurance). If anyone knows, what all per month you pay to buy a house besides mortgage payment?
I’ve seen some decent ones in my area I would like around 120k+. If I can get approved for a loan for 800- per month, how much? I figured I could get some high interest loan and refinance later, am I wrong? TY