My payments (PITI) are only $2700 per month, just because we bought when prices were low and my interest rate on our loan is 2.5%. We’re almost done paying off our home. We’re thinking of renting our home, therefore turning it into an asset, and using our rental income along ...
First, you will need a household income of $154,000 (nearly twice the average for the city) to qualify for the loan. Next, your monthly housing payment (PITI) is going to come out to be $3...