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home affordability calculator – CNNMoney – Use our home affordability calculator to figure out how much house you can afford.. your total debt payments should be no more than 36% of your gross income. Once you enter your monthly debt (including credit cards, student loan and car.
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Borrowing crackdown could mean an $80k income makes you eligible for a $200k loan – There’s this thing called House Expenditure Measure (HEM. Based on the average of the four major bank’s mortgage calculators, you could borrow up to $337,985 (or roughly 4.2 times your income). Up.
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