How much house can a civil engineer afford?
February 27, 2008
Trevaris L asked:
I he is making around 56,000 how much house can he afford as in being able to live in comfort and pay the mortgage utilities and a car note. what price of a house should he buy?
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I he is making around 56,000 how much house can he afford as in being able to live in comfort and pay the mortgage utilities and a car note. what price of a house should he buy?
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Is there anything wrong with getting a 30 year mortgage when I expect to sell my place within 7 years?
February 26, 2008
veronicamars asked:
Thanks everyone for pointing me toward the mortgage calculator. Follow up question, if you don’t mind. I calc’ed a 15 year mortg and a 30 year mortg and obviously I like the monthly payments on the 30 better! I have my eye on a property that I would expect to appreciate in 5 years. Is there anything wrong with going for the 30 year mortg if I expect to sell in 7 years?
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Thanks everyone for pointing me toward the mortgage calculator. Follow up question, if you don’t mind. I calc’ed a 15 year mortg and a 30 year mortg and obviously I like the monthly payments on the 30 better! I have my eye on a property that I would expect to appreciate in 5 years. Is there anything wrong with going for the 30 year mortg if I expect to sell in 7 years?
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How do you know how much house you can afford?
February 19, 2008
alm121804 asked:
I’m not looking for a really specific answer, just a way to get a broad estimate. For example, I’ve heard things like no more than 25% of you gross income. That type of thing. Thanks!
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I’m not looking for a really specific answer, just a way to get a broad estimate. For example, I’ve heard things like no more than 25% of you gross income. That type of thing. Thanks!
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How much do we need to make to afford this house?
February 8, 2008
Lauren M asked:
We are interested in a house that we think we can get for $275k. We would put 20% down and have a 220k mortgage. This will be no problem with our dual salary, but we’re thinking that I will stay home when we have kids in a couple years. What salary do you think is appropriate for a 220k mortgage? We need to know what my husband would have to make.
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We are interested in a house that we think we can get for $275k. We would put 20% down and have a 220k mortgage. This will be no problem with our dual salary, but we’re thinking that I will stay home when we have kids in a couple years. What salary do you think is appropriate for a 220k mortgage? We need to know what my husband would have to make.
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How do I find out how much house I can actually afford?
February 6, 2008
ZarahzMA asked:
It’s just my 8 month old daughter and I. I’m looking for a 2-3 bedroom 1-1/5 bathroom house in my area. I do not want to be living beyond my means. I will be a first time buyer so I’m curious about different first time buyer programs. Are there any good websites with all of this info??
It’s just my 8 month old daughter and I. I’m looking for a 2-3 bedroom 1-1/5 bathroom house in my area. I do not want to be living beyond my means. I will be a first time buyer so I’m curious about different first time buyer programs. Are there any good websites with all of this info??
Thanx in advance for your info.
All of your answers were so helpful. Thanx very much!!!
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When calulating how much house you can afford, what is included in monthly debt?
February 4, 2008
Michelle M asked:
I’m trying to figure out how much house I can afford based on a certain income. It asks how much monthly debt I owe. Would I include car payments and insurance? I have zero credit card debt and zero student loan debt, so would I just put in zero??
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I’m trying to figure out how much house I can afford based on a certain income. It asks how much monthly debt I owe. Would I include car payments and insurance? I have zero credit card debt and zero student loan debt, so would I just put in zero??
Create a video blog…instantly.
What is a good site for a mortgage calculator?
February 3, 2008
Josh Dunaway has been a certfied Realtor in the suburban Chicagoland area for over 20 years. Aside from starting his own real estate company, he also owns a mortgage company as well.