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OHIO HOUSING FINANCE AGENCYHomebuyer Education Monthly BudgetBorrower Name:Phone:Email: MONTHLY INCOME BASE INCOME (ANNUAL INCOME / 12) BONUSES OR COMMISSION SPOUSE INCOME (ANNUAL INCOME / 12) OTHER
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What is homebuyer education monthly budget?
The homebuyer education monthly budget is a financial plan that outlines the estimated income and expenses of a homebuyer for a specific period of time.
Who is required to file homebuyer education monthly budget?
Homebuyers who are seeking financial assistance or loans for purchasing a home are typically required to file a homebuyer education monthly budget.
How to fill out homebuyer education monthly budget?
To fill out a homebuyer education monthly budget, one must accurately record all sources of income and expenses, including housing costs, utilities, groceries, and other necessary expenses.
What is the purpose of homebuyer education monthly budget?
The purpose of the homebuyer education monthly budget is to help homebuyers understand their financial situation, identify areas for improvement, and create a plan to achieve their goal of homeownership.
What information must be reported on homebuyer education monthly budget?
Information that must be reported on a homebuyer education monthly budget includes income sources, housing costs, utilities, groceries, transportation expenses, and any other relevant financial information.
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