Why You Can Afford Rent But Not a Mortgage

Here’s a valid question I get from renters and homebuyers: Why can't I get approved for a $2,000 monthly mortgage payment when I pay $2,000 in monthly rent? In this episode, find out exactly why this mortgage math doesn’t add up. Links:  This episode is brought to you by BetterHelp. Give online therapy a try at https://www.betterhelp.com/george and get on your way to being your best self. Preorder George Kamel’s new book, Breaking Free From Broke, and get more than $100 in FREE bonus items. Debt-to-Income Calculator   Why HELOCs can leave you homeless Find a mortgage provider you can trust EveryDollar budget deal: I love a good deal, and when you sign up using this link, I’ll hook you up with a 14-day free trial and $15 off your first year of the premium version of EveryDollar.