Separate names with a comma.
Discussion in 'Credit Talk' started by jfpruitt, Jun 20, 2001.
Barclaycard Ring™ Mastercard®
No annual fee, No balance transfer fees, No foreign transaction fees, Low interest!
CREDIT CARD WITH NO ANNUAL FEEBarclaycard Ring™ Mastercard®
Credit One Unsecured Visa®for Rebuilding Credit
Credit card for people with bad credit to rebuild credit!
BAD CREDIT CREDIT CARDCredit One Bank® Rebuild Credit
First Access VISA® Credit Card
Access to credit even with bad or limited credit! Reports to 3 major credit bureaus and accepted wherever you see the Visa® sign. Get application response in 60 seconds.
CREDIT CARD FOR BAD CREDITFirst Access VISA®
Green Dot primor® Visa®Classic Secured Credit Card
Credit lines available up to $5,000! Reports to three national credit bureaus; perfect card for reestablishing credit. Guaranteed approval*!
SECURED CARD FOR REBUILDING CREDITprimor Secured Visa Classic
Credit One Bank® Unsecured Visa® with Cash Back Rewards
Get cash back on every purchase. Unsecured credit card with monthly monitoring for credit line increases. Improve your credit history with responsible use.
CASH BACK UNSECURED VISACredit One Bank
I used to be in the mortgage business, and your situation shouldn't be a problem - It depends on your loan amount and what the payments are.
For most "A" mortgage programs, you need to be ~28% of your total gross income for your mortgage payments, and ~36% of your gross monthly income for your total payments (excluding stuff like utilities, insurance, groceries).
For $35K, your monthly gross income is: $2917.
The maximum mortgage payment for your situation is:
2917 x .28 = $845.
The maximum total debt you can have is:
2917 x .36 = $1050
So with your payment of $237, can you go for the maximum mortgage payment?
1050 - 237 = $813,
You may be able to with a flexible loan program, but some mortgage companies may make you stick to $813.
Now, how much of a loan can you afford?
For a 30 year mortgage at 7% and approximately $1000 in yearly taxes, you can afford a $125,000 loan.
Remember, I'm just giving you estimates. Hope this helps.
Wow!! That is a BIG help!!!!!!!! I can do a 125k home...I was just wondering how that worked.