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re: Baffled as to how single people afford houses currently
Posted on 10/12/23 at 10:22 am to Thundercles
Posted on 10/12/23 at 10:22 am to Thundercles
quote:
If the average person is making 70k, that's 5,800 per month which means even at a high credit score allowing 45% DTI the most they could get a loan for is a 2,600 payment, and that's not even counting the dings for student loans or car payments or credit cards.
That’s the average household. Not the avg person…..
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