I did a mortgage calculator and it said I can only afford a $35,000 mortgage, are there other options?
September 30, 2008
snwangl82 asked:
My boy friend and I were quoted for a mortgage awhile ago that we would be able to do about 150 to 180K ,not too bad. But when I did a mortgage calculator online it only came out with the 35K total. We make more than some people we know and they own own homes. What did I do wrong? I just can’t believe that we would not be able to be qualified for a mortgage amount that is at least reasonable and would get us something nice and not a condo or townhome. Even though that is what everyone is telling us to buy. Please some one restore my faith or will we never be able to have a home of our own.
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My boy friend and I were quoted for a mortgage awhile ago that we would be able to do about 150 to 180K ,not too bad. But when I did a mortgage calculator online it only came out with the 35K total. We make more than some people we know and they own own homes. What did I do wrong? I just can’t believe that we would not be able to be qualified for a mortgage amount that is at least reasonable and would get us something nice and not a condo or townhome. Even though that is what everyone is telling us to buy. Please some one restore my faith or will we never be able to have a home of our own.
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How much house can I afford - According to the lender?
September 15, 2008
LuckyOne asked:
My husband and I make $70,000 before tax per year and our total monthly bills (cars, credit cards, student loans, insurance etc.) are about $1300/month. I think we can afford an $1,100/month mortgage payment - about $168,000 home - but what will the lender say? Our credit is rated in the middle - about 620 average score.
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My husband and I make $70,000 before tax per year and our total monthly bills (cars, credit cards, student loans, insurance etc.) are about $1300/month. I think we can afford an $1,100/month mortgage payment - about $168,000 home - but what will the lender say? Our credit is rated in the middle - about 620 average score.
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mortgage calculator help?
September 2, 2008
sharkbait250 asked:
I am looking to move out ( within about 2 years) i am 17 and i just was wondering if there was a website that i could go to, to try and figure out how much it is all going to be. i want it to be as real as possible. i want to know about how much bills would be, mortgage etc… is there even such a website that would do this? ive tried searching for it but i cant find one. any help would be awesome.
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I am looking to move out ( within about 2 years) i am 17 and i just was wondering if there was a website that i could go to, to try and figure out how much it is all going to be. i want it to be as real as possible. i want to know about how much bills would be, mortgage etc… is there even such a website that would do this? ive tried searching for it but i cant find one. any help would be awesome.
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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.