The Benefits (and How-to's) of Downsizing to a Smaller Home

Feb 1, 2022 Johnny Devora
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Downsizing to a smaller home may be a smart choice if you’re ready to cut costs. For example, smaller homes usually have cheaper utility bills than large homes. You’ll enjoy a smaller mortgage as well. Just be sure to make some calculations ahead of house hunting to determine how much you qualify for a mortgage. This means factoring in income, outstanding debts, downpayment, and other important considerations.

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