how much more times money (per year)to you get for your morgage?

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how much more times money (per year)to you get for your morgage?

if i earn 30 grand a year how much would iget for a mortgage?

2007-01-18 04:40:19 · 3 answers · asked by Anonymous in Home & Garden ➔ Decorating & Remodeling

3 answers

Mortgage lenders aim for app. 30% of annual income. Any banking website will have a calculator in their"tools" section to help you with this .

2007-01-18 04:52:07 · answer #1 · answered by rich11 2 · 0⤊ 0⤋

It will depend on your debt ratio. If your entire salary will be going towards paying your mortgage and associated bills, your limit will be alot different than if you also have loans and credit cards.

2007-01-18 06:08:34 · answer #2 · answered by scorpio 3 · 0⤊ 0⤋

You will probaly qualify for 90K to 100K.

2007-01-18 04:49:26 · answer #3 · answered by popeyethesadist 5 · 0⤊ 0⤋