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Reply to "Afford $1.8M on 300K?"
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[quote=Anonymous][quote=Anonymous]there is a huge difference between 6k and 9k. and, since your jobs and income sounds secure, 6k is probably doable for you. [/quote] I think so too. One of the reasons we thought 9K might be doable is because the resulting monthly debt-to-income ratio is still below 40% (and slightly below 36% for us) which are the broad percentages (that are posted on the internet) for which prospective house buyers should strive. But it sounds like the broad consensus on DCUM is that even a 36% DTI ratio is too high. I wonder what DTIs are being considered by people in SanFra[/quote]
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