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Rainbows and Unicorns: What lenders really mean when they say “affordable”)

by Sandi Martin | Mar 8, 2013 | Affordability, Blog, Debt Management, Mortgages, Personal Finance, Total debt service and savings ratio, Total debt service ratio

The point of this post: it’s your job as the borrower to figure out if you can actually afford the mortgage the bank says you can. When you think about how much money you make, do you use made up numbers or real ones? If you think that’s a strange...

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