5 Answers

Depends on your bank, depends on your income, depends on your current credit status.

Ask your bank.

This is akaQA and we answer general questions only.  You will need to discuss your complete financial details with a bank or mortgage company.  They will let you know.

Remember, with home ownership, comes a lot of expense/repsonsibility.....roof repairs, new windows and doors, plumbing breaks, electrical problems, not to mention yard work, maintenance, etc. so be prepared and make sure that you are ready for ownership.

Colleen

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Clonge
Karma: 62025

Ducky: Exactly.....I don't! How are we supposed to know? Questioner must think it doesn't matter what the expenses are, just income.

See a mortgage lender. Make sure you let them know how much you make. 

Your expenses do not leave you with enough money.

Ducky

...and you know that because...?

pythonlover

Clonge....Keep your answers in the one post.Thanks.

It used to be 3.5 times your annual income, but now mortgages are not easy to obtain. As others have said, see a mortgage broker.