Wages vary in the United States as well. For example, the national median salary for entry-level project managers is $89,286, for established project managers is $96,425, for IT project managers is $100,000, and for engineering project managers is $107,472. Directors of PMOs make the most, raking in a solid $134,791 on average a year.
The typical bank limit on monthly mortgage payments is about 28 percent of your gross monthly income. Therefore, the bank thinks you can devote up to 28 percent of your household income to your mortgage payment and expenses (including taxes, insurance and association dues).
What income is required to qualify for a mortgage? That largely depends on the monthly debt payments and the current interest rate. This income required for mortgage calculator collects these important variables and determines the required income to qualify for the desired mortgage amount.Javascript is required for this calculator.hat largely depends on the monthly debt payments and the current interest rate. This income required for mortgage calculator collects these important variables and determines the required income to qualify for the desired mortgage amount. Javascript is required for this calculator.