7000$ mortgage

[csrcsr]

1 minute ago, Telugodura456 said:

loan itself is 1.2 million, Property is 1.5 million. Interest is 6.5% calculate by putting everything to zero (property tax, home owner insurance etc) - you should get around 7k plus something.

without Property tac and insurance its 7500 for that and prioperty taxes tho it will come to 10k

[Aquaman]

2 hours ago, yemdoing said:

Agreed , but how much income do people have if they qualify for $7k mortgage . 
 

12k ? 

ya, min 13-14k

[Aquaman]

1 minute ago, csrcsr said:

without Property tac and insurance its 7500 for that and prioperty taxes tho it will come to 10k

bayarea lo monthly payments 20k range untay emo

[Funkops]

7 minutes ago, csrcsr said:

without Property tac and insurance its 7500 for that and prioperty taxes tho it will come to 10k

Ade che

 

7 minutes ago, csrcsr said:

without Property tac and insurance its 7500 for that and prioperty taxes tho it will come to 10k

Ade chebutondi Dora ki. It will be close to 11k per month

[Funkops]

Just now, Funkops said:

Ade che

 

Ade chebutondi Dora ki. It will be close to 11k per month

Many are falling in home builders trap of 1.9% intro APR. after two years kattaleka tadisipoddi

[Telugodura456]

19 minutes ago, csrcsr said:

without Property tac and insurance its 7500 for that and prioperty taxes tho it will come to 10k

Yes thats what i was saying. add 2.5k properyty tax in dallas and another 1k(easy) for home owner insurance and some chillar for hoa gatra - you are looking at 11k plus

[csrcsr]

13 minutes ago, Funkops said:

Many are falling in home builders trap of 1.9% intro APR. after two years kattaleka tadisipoddi

1.9 apr endi anna you mean new builder buydown like 2-1 buydown?

[tokkalogola]

20 minutes ago, Telugodura456 said:

Yes thats what i was saying. add 2.5k properyty tax in dallas and another 1k(easy) for home owner insurance and some chillar for hoa gatra - you are looking at 11k plus

Insurance 1k aaa 🤔

[Ravi860]

1 hour ago, Telugodura456 said:

Yes thats what i was saying. add 2.5k properyty tax in dallas and another 1k(easy) for home owner insurance and some chillar for hoa gatra - you are looking at 11k plus

Numbers chustunte 😮 2.5k just on property taxes every month 🥶

[Ravi860]

1 hour ago, tokkalogola said:

Insurance 1k aaa 🤔

1k undadu anukunta 

[Ravi860]

2 hours ago, csrcsr said:

i think all your DTI should be around 36% to 40% max on your grosss

Anna these days they are going for max 50% with current home prices and rates 40% DTI below ante qualify avvadam kastame 

[csrcsr]

1 hour ago, tokkalogola said:

Insurance 1k aaa 🤔

per year kavochu anna

[csrcsr]

7 minutes ago, Ravi860 said:

Anna these days they are going for max 50% with current home prices and rates 40% DTI below ante qualify avvadam kastame 

May be u are caclculating the reverse way, the lesser you have the debt thats better at least thats what banks look for

[TTT]

4 hours ago, yemdoing said:

Agreed , but how much income do people have if they qualify for $7k mortgage . 
 

12k ? 

I had 3 jobs almost 30K per month cash in hand, now only 1 so 14K cash in hand 

[Telugodura456]

1 hour ago, Ravi860 said:

Numbers chustunte 😮 2.5k just on property taxes every month 🥶

it is on lower side in dallas actually. 2 % of 1.5 million is 30k per annum or 2.5 k per month.