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Old 19-07-2019, 09:55 PM   #762
Zze121
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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.
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