1
00:00:03,585 --> 00:00:05,680
This house would be perfect!

2
00:00:05,680 --> 00:00:07,539
I wish it was easier to get a loan.

3
00:00:09,195 --> 00:00:14,320
Welcome to Loan Land, where you’re 
preapproved for a costly adventure!

4
00:00:14,320 --> 00:00:16,432
Whoa, nice treasure stash!

5
00:00:16,432 --> 00:00:18,475
Mind giving me a sizable home loan?

6
00:00:18,475 --> 00:00:20,652
Make sure you aren’t going overboard.

7
00:00:20,652 --> 00:00:25,200
Do your homework and figure out how much home 
you can afford, based not only on the monthly  

8
00:00:25,200 --> 00:00:29,840
mortgage payments, but also on all of the 
other expenses, such as property taxes,  

9
00:00:29,840 --> 00:00:35,280
insurance, homeowners association fees, 
and utilities, to name just a few.

10
00:00:35,280 --> 00:00:37,760
So… Maybe something a bit smaller?

11
00:00:37,760 --> 00:00:43,840
Perhaps. Aim to limit your housing and related 
expenses to 30% of your monthly budget.

12
00:00:43,840 --> 00:00:46,320
Have you looked at a tiny home?

13
00:00:46,320 --> 00:00:48,364
Hey, I said a bit smaller!