Posted on: 05th Aug, 2013 01:37 am
I presently rent a property but want to be a first time borrower. I make 33k now but come December and I will start making 43k a month. How much house will I be able to afford?
Hi Guest,
Well, there are various factors which will be taken into account by the lender and then only he will be able to let you know how much house you will be able to afford. Once your income increases, you can contact the lender and apply for a pre-approval.
Thanks,
Jerry
Well, there are various factors which will be taken into account by the lender and then only he will be able to let you know how much house you will be able to afford. Once your income increases, you can contact the lender and apply for a pre-approval.
Thanks,
Jerry
$43,000.00 per month is a lot of money ... that's going to be a nice house.
Hi Guest!
Welcome to the forums!
You can check out the given calculator in order to know how much house you will be able to afford: http://www.mortgagefit.com/calculators/howmuch-afford.html .
Feel free to ask if you have further queries.
Sussane
Welcome to the forums!
You can check out the given calculator in order to know how much house you will be able to afford: http://www.mortgagefit.com/calculators/howmuch-afford.html .
Feel free to ask if you have further queries.
Sussane