I wanted to follow up on our Monday piece with a bit more math (I’ll do it for you – I know you don’t want to bust out the TI-83 in a vacation week). Today’s piece hinges on ‘mortgage qualification’, because of a few comments on Monday’s piece. In a nutshell, mortgage qualification comes down […]
debt to income ratio
In our last article, we promised you a calculator so you can copy our methodology and calculate ‘affordable’ houses by determining what an acceptable monthly payment would be. In our current article, we deliver! Thanks to Ironman at Political Calculations for the calculator creation script, it was very useful once again!