Author Topic: Personal Stuff  (Read 18237 times)

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Offline MH

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Re: Personal Stuff
« Reply #660 on: March 01, 2019, 05:21:05 am »
The CMHC doesn’t set limits for how much of your income goes towards mortgage payments...

There's some kind of suggestion or guideline.  I'm new at this so I'm trusting my mortgage broker, who has helped a dear friend as well as two siblings through it.

We got approved for $880K mortgage, so a house of $1M. 

Last night I realized I was getting sucked into the game.  I am going to start aiming lower, much lower.  Aaand... I will now have a 10-15 minute longer commute.

Is that so bad ?   ???
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