The Mauna Loa Volcano is the largest volcano on the planet as it rises over 4 kilometers above the sea level but the 4 kilometers that you see on top is not even half the size of the volcano.he Mauna Loa Volcano is the largest volcano on the planet as it rises over 4 kilometers above the sea level but the 4 kilometers that you see on top is not even half the size of the volcano.
The cost of housing varies wildly from neighborhood to neighborhood, never mind from city to city. An accepted rule of thumb is your mortgage, or lease payment, shouldn't be more than 28 percent of your gross salary. That would be about $1,166 per month on a gross salary of $50,000.
The higher your down payment, the lower your monthly interest rate will be on your mortgage payment. According to MSN money, a traditional down payment is 20 percent of the homeâs selling price. On a $215,000 home, a 20 percent down payment would be $43,000. Lenders may be willing to offer you a mortgage with a much lower down payment, but your monthly mortgage payment will be significantly greater. So far, your dream home has drained your bank account of $43,000 in out-of-pocket expenses.