Can i afford a 130,000 dollar home with a combined income of 65,000 a year - me and my fiance make $65,000 a year roughly and we would like to know if we can afford a $130,000 mortgage payment

Can i afford a 130,000 dollar home with a combined income of 65,000 a year?

anonymous

Me and my fiance make $65,000 a year roughly and we would like to know if we can afford a $130,000 mortgage payment

In Business & Finance > Renting & Real Estate > Afford

If i make 50,000 per year, how much house can i afford ?

"The maximum mortgage you can afford is $134,500...."

With a $50,000 income, the maximum home you can afford is $142,000 with a down payment of $10,000 with CMHC fee of $3700. The maximum mortgage you can afford is $134,500.

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If i have an income of $60,000, how much can i spend on a home?

"At canada mortgage you can get a 5 year mortgage for 4.19% on that basis..."

At Canada Mortgage you can get a 5 year mortgage for 4.19% On that basis, the maximum house you can buy is $300,000. The downpayment is $15,000 so your mortgage would be $285,000. Your mortgage payment per month would be $1515.00

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Someone said: Twice your annual income. Be safe not sorry.

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Someone said: 60,000

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If i make 80k a year how much can i afford in car payment?

"You could afford an $50,000.00 car..."

If you make $80,000 per year, you could afford an $50,000.00 car. However, you may not want to spend all your income on a car. Just get a $30,000 car and spend the rest on a house.

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We make $250,000 a year. what should i pay for a home?

"You could afford a $700,000 home..."

You should have 25% down. You could afford a $700,000 home, but you might not want to go that high. Taxes will be around $10,000 per year.

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Someone said: Before all the insanity in the housing market the formula for a home purchase was twice your annual income. To me that's still is the ideal way to go. So making $250,000 income puts you in a $500,000 home. Good luck Old School

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How much income does it take to sponsor someone from a different country?

I`ve been asked to sponsor or cosponsor an individual from the Philippines. Where can I go to find out what I`m agreeing to? Thank you.

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How much income does it take to sponsor someone from a different country?

"Not allowed to deduct such support from income tax unless you are married to..."

You have two questions here. First, if you sign to co-sponsor someone, this will mean that you must support them for 3 years if they can`t support themselves. Even if you divorce or separate, you are still bound to support them. You are not allowed to deduct such support from income tax unless you are married to them or are living common law.

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Daniel:	Hi, my name is Daniel.
Daniel:	Can I help you with your questions?

How much income you need to sponsor spouse to come in usa?

If i make 50,000 per year, how much house can i afford ?

"The maximum mortgage you can afford is $134,500...."

How much income does it take to sponsor someone from a different country?

"He has high income tax..."

If i earn 60 000 a year can i afford a 400 000 morgage?

"You could afford a 250,000 home..."

If i have an income of $60,000, how much can i spend on a home?

"At canada mortgage you can get a 5 year mortgage for 4.19% on that basis..."

If i make 80k a year how much can i afford in car payment?

"You could afford an $50,000.00 car..."

We make $250,000 a year. what should i pay for a home?

"You could afford a $700,000 home..."

How much income does it take to sponsor someone from a different country?

How much income does it take to sponsor someone from a different country?

"Not allowed to deduct such support from income tax unless you are married to..."

How much money for 500000 home?

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