# Home Buyers Chime In.

**URL:** <https://forums.speedlife.net/t/home-buyers-chime-in/46436>\
**Category:** NYSpeed Off Topic\
**Created:** [April 8, 2008, 11:43am UTC](https://forums.speedlife.net/t/home-buyers-chime-in/46436 "2008-04-08T11:43:04Z")\
**Posts on this page:** 1\
**Showing post:** 28

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**Author:** ![Nikuk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nikuk/32/7254_2.png) [@Nikuk](https://forums.speedlife.net/u/Nikuk)\
**Post date:** [April 8, 2008, 8:49pm UTC](https://forums.speedlife.net/t/home-buyers-chime-in/46436/28 "2008-04-08T20:49:56Z")

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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.

> [@BDR5oh](#):
>
> my credit score was 510 when i got my loan …
> 
> even now it’s only like 530

I told you D, we really need to get you refi’d before…

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