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How much can I borrow?

Posted on: 05th Oct, 2006 08:50 am
I was hoping to get a rough estimate of the maximum loan amount I would qualify for. I understand all about standard DTI, but I was looking for a best-case-scenario max value.

Here's my background:

State: NJ
Monthly gross income: $8,750
Monthly debt: $230 installment loan
Credit score: 760
Cash: Enough for closing costs and few months reserve (i.e., zero down payment).
Desired Mortgage: 80/20
Minimum stay: 5-7 years
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