Thread: Costly living
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Old 09-01-2019, 11:42 AM   #4
spence
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Quote:
Originally Posted by Nebe View Post
How many dollars per hour does a person have to earn to pay a mortgage on a house that is $480,000.00 ??? Assuming he qualifies as a first time home buyer with zero down payment ? And assuming 30% of his income goes towards the house payment ??
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Roughly 100/hr in that scenario.
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