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Old 02-08-2012, 01:42 PM   #6 (permalink)
Join Date: Feb 2010
Location: USA
Posts: 4,954

My home in Texas was $100k 12 years ago. I was making $35k a year. I had no problem making my $1000 payment. The mortgage payment is $600, the escrow for taxes and insurance is $400. The financing was easy back the and they qualified me for $180k. I plated it safe and just stayed conservative. I don't know about financing in Canada at all but it's much harder in the states now
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