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re: Income to house cost ratio: Assuming pretax income, what is the marginal ratio?

Posted on 6/3/15 at 3:44 pm to
Posted by Coach Guidry
Member since Nov 2007
2333 posts
Posted on 6/3/15 at 3:44 pm to
quote:

Wait, so you are saying if someone makes 100k a year, a bank will pre-approve them for a house that costs 400k?


680 or above, sure.
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