{"id":39,"date":"2024-11-05T12:29:18","date_gmt":"2024-11-05T16:29:18","guid":{"rendered":"https:\/\/balancekimmortgage.com\/?page_id=39"},"modified":"2025-11-09T16:23:40","modified_gmt":"2025-11-09T20:23:40","slug":"untilhowmuch","status":"publish","type":"page","link":"https:\/\/balancekimmortgage.com\/en\/untilhowmuch\/","title":{"rendered":"How much"},"content":{"rendered":"

How much can I get?<\/strong><\/p>\n\n\n\n

** Please remember that these calculations apply to full-doc loans, where you are attempting to get a loan based only on the income you have reported on your tax returns. (You can generally consider about 3.5 times tax-reported income).A no-doc loan does not look at tax returns and may allow for a larger loan amount. <\/strong> <\/p>\n\n\n\n

<\/p>\n\n\n\n

<If you want to know how much you need to earn to buy a home of a certain price<\/strong>, Click here.<\/a>.<\/p>\n\n\n\n

\"home\"<\/figure>\n\n\n\n
<\/div>\n\n\n\n

Use the following calculator when you know your annual salary.<\/p>\n\n\n\n

Affordability Calculator<\/a><\/p>\n\n\n\n

Enter the description below.<\/p>\n\n\n\n

\"affordability<\/figure>\n\n\n\n

Annual income \u2013 Enter your annual salary.<\/p>\n\n\n\n

Monthly debts \u2013 Enter your current fixed monthly expenditure<\/strong>including minimum payment amount of credit cards, car loans, student loans, etc. Do not include rental and utility payments. <\/p>\n\n\n\n

Down payment \u2013 Enter the down payment amount.<\/strong> a No (income) Doc or to be more than 30% of the house price.<\/strong>20% is the minimum to avoid paying mortgage <\/p>\n\n\n\n

Debt-to-income \u2013 Enter 40. DTI is the percentage of all debt including mortgage loans you expect to get. <\/p>\n\n\n\n

Interest Rate \u2013 Check today\u2019s interest rate<\/a>on my website and enter it.<\/p>\n\n\n\n

Loan Term \u2013 Enter 360<\/strong>(for a 30-year loan.)<\/p>\n\n\n\n

Include PMI \u2013 PMI is the mortgage insurance policy that must be paid when the down payment is under 20%. If the down payment exceeds 20%, you will not pay. Check as appropriate. <\/p>\n\n\n\n

Include taxes\/insurance \u2013 Make sure check this case as the mortgage payment calculation includes tax and home insurance. <\/p>\n\n\n\n

Property tax is different for each township. And it is complicated to calculate, so just leave it as default.<\/p>\n\n\n\n

Home insurance \u2013 Ask any insurance agent and enter the amount. <\/p>\n\n\n\n

HOA dues \u2013 These are monthly maintenance fees for condominiums. Enter the amount if you buy a condo and know the amount. Ask your real estate agent if unsure. <\/p>\n\n\n\n

When you fill out all the fields, you\u2019ll see a number on the right side showing the maximum home price you can afford. If you subtract your down payment from that amount, the remainder is the loan amount you may qualify for. <\/strong><\/p>\n\n\n\n

<\/p>","protected":false},"excerpt":{"rendered":"

\ub0b4 \uc5f0\ubd09\uc744 \uc54c\uace0 \uc788\uc744\ub54c \ub860\uc744 \uc5bc\ub9c8\uae4c\uc9c0 \ubc1b\uc744 \uc218 \uc788\ub294\uac00? ** \uc774 \uc9c8\ubb38\uacfc \ubc14\ub85c \uc544\ub798 \uc9c8\ubb38\uc740 FULL DOC \uc77c \ub54c, \uc989 \ub0b4\uac00 \uc18c\ub4dd\uc73c\ub85c \uc2e0\uace0\ud55c \uc778\ucef4\uc73c\ub85c \ub860\uc744 \ubc1b\uc73c\ub824\uace0 \ud560 \ub54c \ud574\ub2f9\ub418\ub294 \uc0ac\ud56d\uc785\ub2c8\ub2e4. (\uac04\ub2e8\ud558\uac8c \uc5f0\ubd09\uc758 3.5\ubc30 \uc815\ub3c4 \ubc1b\uc744 \uc218 \uc788\ub2e4\uace0 \uc0dd\uac01\ud558\uc2ed\uc2dc\uc624.) NO DOC\uc740 \uc138\uae08 \uc2e0\uace0 \uc790\uccb4\ub97c \ubcf4\uc9c0 \uc54a\uc2b5\ub2c8\ub2e4. \uadf8\ub9ac\uace0 \uc138\uae08 \uc2e0\uace0\uac00 \uc544\ub2cc \ub2e4\ub978 \ubc29\ubc95, CPA LETTER, VOE, BANK […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-39","page","type-page","status-publish","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/balancekimmortgage.com\/en\/wp-json\/wp\/v2\/pages\/39","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/balancekimmortgage.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/balancekimmortgage.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/balancekimmortgage.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/balancekimmortgage.com\/en\/wp-json\/wp\/v2\/comments?post=39"}],"version-history":[{"count":7,"href":"https:\/\/balancekimmortgage.com\/en\/wp-json\/wp\/v2\/pages\/39\/revisions"}],"predecessor-version":[{"id":595,"href":"https:\/\/balancekimmortgage.com\/en\/wp-json\/wp\/v2\/pages\/39\/revisions\/595"}],"wp:attachment":[{"href":"https:\/\/balancekimmortgage.com\/en\/wp-json\/wp\/v2\/media?parent=39"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}