Getting the lowest monthly payment is understandably the top priority of most home buyers as they look for a mortgage. However, looking at how much it’s going to cost you over the long term, in both interest payments and fees is an even better idea. If you look at these costs, then you can save a significant amount over the years.

The worth of income can’t be underestimated. In a recent national survey, over 96% Americans agreed that early monetary savings would support one achieve a fruitful and stable life.