It could vary depending on the interest rate when you apply for the mortgage. This link should help good luck! http://www.mortgagecalculator.org/
by What the? - an hour ago
Constant posting of the same question is spam so be very careful Mortgage lenders will approve 3 times your annual income Earn 40k a year you can borrow up to 120k All lenders follow the same rules of lending So to borrow 200k you need an annual income of 70k
by ? - an hour ago
85k will probably do it, perhaps a bit less. although the old guidelines might have been more lenient, lenders are pulling back and don't want to make 'stretchy' loans if they can find a way to say 'no'.
by Spock (rhp) - an hour ago
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