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2. Income-driven repayment - Wikipedia

   en.wikipedia.org/wiki/Income-driven_repayment

   Payments under the PAYE Plan are 10% of discretionary income but will never be more than the 10-year standard repayment amount. Payments under the (abolished) REPAYE Plan were also 10% of discretionary income; however, unlike IBR and PAYE, payments for high-income borrowers may have been higher than the 10-year standard repayment amount.

3. How to buy a house with low income - AOL

   www.aol.com/finance/buy-house-low-income...

   Fannie Mae’s HomeReady mortgage program addresses one of the challenges of buying a home with a low income by requiring just 3 percent of the home’s price as a down payment.

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

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

   With an income of $93,336, you could have total debt payments of $2,800 per month — $2,178 for your house payment and $622 for all other debt payments combined.

5. How Much House Can You Afford on One Income? - AOL

   www.aol.com/finance/much-house-afford-one-income...

   Earlier this year, Freddie Mac conducted research that found that migrating to more affordable metros saves an average of $600 per month on mortgage payments, based on a 6% mortgage rate.

6. Graduated payment mortgage loan - Wikipedia

   en.wikipedia.org/wiki/Graduated_payment_mortgage...

   A graduated payment mortgage loan, often referred to as GPM, is a mortgage with low initial monthly payments which gradually increase over a specified time frame. These plans are mostly geared towards young people who cannot afford large payments now, but can realistically expect to raise their incomes in the future.

7. Mortgage calculator - Wikipedia

   en.wikipedia.org/wiki/Mortgage_calculator

   The fixed monthly payment for a fixed rate mortgage is the amount paid by the borrower every month that ensures that the loan is paid off in full with interest at the end of its term. The monthly payment formula is based on the annuity formula. The monthly payment c depends upon: r - the monthly interest rate. Since the quoted yearly percentage ...