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2. What percentage of your income should go to a mortgage? - AOL

   www.aol.com/finance/percentage-income-mortgage...

   Based on the 28 percent and 36 percent models, you can calculate how much of your monthly income should go to mortgage payments. Here’s a budgeting example, assuming the borrower has a monthly ...

3. Income requirements to qualify for a mortgage - AOL

   www.aol.com/finance/income-requirements-qualify...

   For example, if you earn a gross income of $6,000 per month, your mortgage payment should be no more than $1,680 (28 percent of $6,000), and your total debt payments (including the mortgage ...

4. How much money do you need to buy a house? 6 costs to calculate

   www.aol.com/finance/much-money-buy-house-6...

   Following the 28/36 rule, look for a home and a mortgage that will ensure your monthly payments don’t exceed 28 percent of your monthly income. (With a $100K annual salary, that will be about ...

5. Mortgage calculator - Wikipedia

   en.wikipedia.org/wiki/Mortgage_calculator

   A potential borrower can use an online mortgage calculator to see how much property he or she can afford. A lender will compare the person's total monthly income and total monthly debt load. A mortgage calculator can help to add up all income sources and compare this to all monthly debt payments.

6. Can I qualify for a mortgage if I'm about to retire? - AOL

   www.aol.com/finance/qualifying-for-mortgage-in...

   The 28/36 rule is a general guideline used to calculate how large of a mortgage you can afford against your income. The rule suggests that your mortgage costs shouldn’t be more than 28% of your ...

7. Loan-to-value ratio - Wikipedia

   en.wikipedia.org/wiki/Loan-to-value_ratio

   A similar property with a value of $100,000 with a first mortgage of $50,000 and a second mortgage of $25,000 has an aggregate mortgage balance of $75,000. The CLTV is 75%. Combined loan to value is an amount in addition to the Loan to Value, which simply represents the first position mortgage or loan as a percentage of the property's value.