Remove Days on market Remove Debt-to-income ratio Remove Earnest money deposit Remove Principal
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51 Brilliant Real Estate Tips for Buyers to Edge Past the Competition

HomeLight

Your mortgage payment is more than just the cost of the principal and interest on your loan. In some markets, property taxes can be thousands of dollars per year, adding hundreds of dollars to your monthly payments. Make sure you budget for the entirety of your monthly mortgage payment, not just your principal and interest!

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

How else would you and your clients understand how much is being paid in principal and interest over the years? Days on market (DOM). As a seller’s agent, you’re counting the days a listing is on the market. Debt-to-income ratio (DTI). Earnest money deposit.