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Loan Modification

: Loan Modification & Home Loan News

How Much Mortgage Can I Afford Based on My Income?

By Moe Bedard

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Prospective homeowners always need to ask how much mortgage they can afford based on their income. This is an important question because no one wants to take on a mortgage they cannot afford to pay for the next fifteen to thirty years. The most commonly used formula to answer this question is the twenty eight [...]

Full post as published by Loan Modification & Home Loan News on December 30, 2009 (boomark / email).

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