Welcome back to the State 48 Homeowner podcast! In this episode, we meet with Steve Farrington from Unity Home Loans to tackle the crucial question: “How much home loan can I afford by salary in Arizona?” and discuss the factors influencing home affordability, the benefits of homeownership, and the steps to take when considering buying a home. Steve shares valuable insights on loan options, property taxes, and the importance of getting pre-approved. Whether you’re a first-time homebuyer or looking to invest, this episode is packed with practical advice to help you navigate the real estate market. Tune in to learn more about making informed decisions and achieving the dream of homeownership.
0:00 - Introduction
0:48 - Why We Want To Own vs Rent?
3:34 - Stable Monthly Payment
4:50 - 30-year Fixed Payment
7:36 - Klaus Team Solutions
8:15 - How Much Can I Afford - Four Scenarios
15:37 - What Does A First-Time Home Buyer Look Like
17:52 - It’s Time To Get Started