Listed
below are the basic guidelines of how our
industry determines how much of a mortgage
payment you qualify for.
Your
gross (before taxes) monthly salary should
be greater than 28% of the sum of the monthly
mortgage and monthly tax payments.
Your
gross (before taxes) monthly salary should
be greater than 36% of the sum of the monthly
mortgage, monthly tax and other monthly
debt payments.
Loan Calculators are tools designed to help
you. However, we can help you know
exactly what you qualify for. Please
call me so that I can be of service
to you.
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