View Single Post
Old 19-07-2019, 09:55 PM   #762
Supremacy Member
Join Date: Dec 2006
Posts: 6,737
Can explain?
Correct me if I'm wrong.
Current bank loan is 75% of the ppty price
At income of 14k with MSR at 30%, monthly max loan is $4,200
Working backward with 30yrs loan tenure, max loan will be 1.5mio

But all this figure is loan amount, that's actually includes loan interest, thus the principal could be lower.
Zze121 is offline   Reply With Quote