100k loan amount 30yr @ 6.25 will net you a P&I pmt of $615. Loan amount does not equal purchase price.
…and Don’t forget escrow for taxs, insurance, and possibly PMI.
Not counting PMI, you should be making at LEAST $2050 / mo to comfortably get final approval on that.
It seems that I cannot say it enough… FIRST TIME HOMEBUYER PROGRAM can be your best friend
I stayed at a holiday inn express last night.
I told you D, we really need to get you refi’d before…