our income for the year is around 110,000 can we afford a 160,000 home loan
It costs Rs.50
make a payment as much as you can afford and tell them how much you can afford and they will work with you if you are making an effort. The min will say on your bill but if you can't pay that talk to them and they will work with you as much as they can.
A home loan calculator will give you an idea of home much your mortgage will be so that you can determine if you can afford to purchase a certain home or not.
The best place to get a first home mortgage is through a bank or even a mortgage broker. They often will offer the best rates and advise on how much one can afford to pay for a first home.
This is a good question!! Generally you can afford the rent if you make at least that amount net (that's "take-home") per week. For example if the rent of an apartment or house is $600 per month, you should be making that amount every week. That's easier said than done for most low-income working people (for example, one who has a full time job making minimum wage). Most people under this category end up renting a room or sharing an apartment with a roommate.
For a person making $120,000 per year they can afford a $450,000 to $500,000 home.
10000
it has 110000
One hundred ten thousand
no but it can help you figure out how much you would pay and how much you can afford.
It costs Rs.50
The amount of home you can afford is based on your monthly or annual income. For example if you have a down payment of $10000.00 and a gross monthly income of $4000.00, your maximum home price should be $40000.00.
Horsepower is irrelevant - it's torque that matters.
$52.88 an hour.
make a payment as much as you can afford and tell them how much you can afford and they will work with you if you are making an effort. The min will say on your bill but if you can't pay that talk to them and they will work with you as much as they can.
A home loan calculator will give you an idea of home much your mortgage will be so that you can determine if you can afford to purchase a certain home or not.
Average Retail Pharmacist Salary in Chicago, IL: $110000.