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Old 01-24-2009, 07:02 AM
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Join Date: Jan 2009
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Default Can someone give me REAL advice as to how much...

...mortgage I'd qualify for? I've looked at a trillion online calculators and they ALL give answers that are just all over the map.Here's my situation: If anyone can help ease my mind with some REAL insight, I'd be SO appreciative.I make $50k a year. My credit score is at least 720. This is what I scored about two months ago PRIOR to paying off my credit cards and a personal loan I had. Never missed a payment, never was late on one either.My debt to income ratio is 11 percent.I have $10k for a down payment and an extra $3k for closing costs. When the time comes to buy a house (which will be this summer, God willing), I MAY have $15k to put down instead of the $10.)I live in CT. Property tax, on the high end will probably be $3,500/a year. Insurance per year I'm guessing will be $1,000......
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