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  2. Highest Satisfaction for Mortgage Origination, 2010-2017 - J.D. Power

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  2. What percentage of your income should go to a mortgage? - AOL

    www.aol.com/finance/percentage-income-mortgage...

    When you’re calculating the percentage of income for mortgage payments, you might want to apply the 28 percent rule. ... the borrower should be able to reasonably afford a $1,400 mortgage ...

  3. What Income Do I Need for a $300K House? - AOL

    www.aol.com/income-300k-house-170125123.html

    The guidelines relate to your debt-to-income ratio, which compares your debt payments to your gross monthly income, and they might let you buy a $300,000 house with an income of roughly $93,336 ...

  4. This Is the Salary You Need To Afford the Average Home in ...

    www.aol.com/salary-afford-average-home-state...

    The cost-of-living comparison included the following factors: (1) yearly mortgage by assuming 20% down payment, 30-year fixed loan, current interest rate as sourced from St. Louis Federal Reserve ...

  5. Mortgage calculator - Wikipedia

    en.wikipedia.org/wiki/Mortgage_calculator

    A potential borrower can use an online mortgage calculator to see how much property he or she can afford. A lender will compare the person's total monthly income and total monthly debt load. A mortgage calculator can help to add up all income sources and compare this to all monthly debt payments.

  6. Housing affordability index - Wikipedia

    en.wikipedia.org/wiki/Housing_Affordability_Index

    A value of 100 means that a family with the median income has exactly enough income to qualify for a mortgage on a median-priced home. An index above 100 signifies that family earning the median income has more than enough income to qualify for a mortgage loan on a median-priced home, assuming a 20% down payment and a qualifying ratio of 25%.

  7. Homeowners Affordability and Stability Plan - Wikipedia

    en.wikipedia.org/wiki/Homeowners_Affordability...

    The Homeowners Affordability and Stability Plan is a U.S. program announced on February 18, 2009, by U.S. President Barack Obama.According to the US Treasury Department, it is a $75 billion program to help up to nine million homeowners avoid foreclosure, which was supplemented by $200 billion in additional funding for Fannie Mae and Freddie Mac to purchase and more easily refinance mortgages. [1]

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