Quote:
Originally Posted by nik-
70% of a $75000 salary is a $650000 mortgage. There's no way a bank approves that mortgage for a $75000 salary.
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It would be 70% of 65% of 75,000 - we get taxed in Canada
That's still 2800 a month but I'm assuming that's for all his housing costs, not just mortgage.
Still outragous for someone only making 75K