Trying to qualify for 1300/month payment – my news numbers

Trying to qualify for 1300/month payment – my news numbersTrying to qualify for 1300/month payment – my news numbers
cinekzetmer asked 3 years ago

My mortgage middle is 702 but I just paid off a 6k cc so I expect that to be around 730-740 at pre approval time. I have some lates, all over 2 yrs ago and some of them are 60 days on student loans from about 5-6 yrs ago (tried challenging them,and was denied).

Salary – Gross 5060 per month (about 65,700 yr)
Also teach in summer which I gross additional 2800
Been at current employer for 2.5 yrs and field for 5-6 yrs

DTI is pretty high:
Car – 430 a month
Student loan – 165 a month but 20k can’t come out of deferrment so it may be 300 (i will try to get letter stating the additional 20k keep payments at 165 as this is income based). If not 165 becomes 300
Sba loan – 50 a month
Cc – paid off so hopefully shows 0 balance in 4-5 wks

Savings – 15k

Looking at USDA or FHA in PA in an area where taxes are pretty high. If I can secure a loan for 3.8-4.0% then 1300 Would probably get me something between 150-160 or a 140 townhouse with HOA (i think). Thoughts?? On being able to get loan at 4% or under and how much I may get approved for per month

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