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Reply to "If you make $130 what amount of mortgage were you approved for?"
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[quote=Anonymous]I'm in finance, and although you will be approved for up to 600K, you shouldn't go above a conventional loan limit of $417K at that income. You will be cutting it too close and leave no room for financial error. Plus you should make a 20% down payment to avoid PMI, so that is about $80K-$90K. You can always trade up later if your incomes increase. We had a $400K mortgage until our incomes went up to $230K[/quote]
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