Home Buying Guides
In-depth explainers with real numbers, each paired with the calculator to run your own scenario.
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United States · 7 min read
How Much House Can I Afford on $100K a Year?
On a $100,000 salary, most buyers can afford a $300,000–$390,000 home. See the 28/36 math, how rate, down payment and debts change it, and a worked example.
By Ilia Idelman · Updated
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United States · 6 min read
When Does PMI Go Away? The 80% and 78% Rules Explained
PMI can be cancelled at 80% loan-to-value and ends automatically at 78%. Learn the exact rules, how long it takes, and four ways to drop PMI sooner.
By Ilia Idelman · Updated
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United States · 8 min read
Property Tax by State: Effective Rates and What a Typical Home Pays
Effective property tax rates for all 50 states, with the yearly and monthly bill on a typical home in each — plus how the tax flows into your mortgage payment.
By Ilia Idelman · Updated
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Canada · 7 min read
CMHC Mortgage Insurance Explained: Premiums, Rules and Minimum Down Payment
How CMHC mortgage default insurance works in Canada: 2.80%–4.00% premiums, the C$1.5M insured cap, minimum down payment tiers and 30-year amortization rules.
By Ilia Idelman · Updated
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Australia · 6 min read
Australia's 5% Deposit Scheme vs Paying LMI: Which Is Cheaper?
Since October 2025 every Australian first home buyer can buy with 5% down and no LMI. How the scheme works, price caps, and when paying LMI can still make sense.
By Ilia Idelman · Updated
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United States · 6 min read
FHA vs Conventional Loan: Which Costs Less?
FHA needs 3.5% down and a 580 score, but its mortgage insurance usually never ends. Compare costs on a $350,000 home and see which loan fits your credit score.
By Ilia Idelman · Updated
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United States · 5 min read
Biweekly Mortgage Payments: How Much Do They Really Save?
Biweekly payments add one extra payment a year and can save about $100,000 on a $350,000 loan. See the math, the fees to avoid and three free ways to get the same result.
By Ilia Idelman · Updated