There is also a three-digit code number assigned to each currency, in the same manner as there is also a three-digit code number assigned to each country as part of ISO 3166. This numeric code is usually the same as the ISO 3166-1 numeric code.
This calculator uses these guidelines for determining how much house you can afford, which are similar to common underwriting criteria that mortgage lenders use. 1  Your total mortgage payment should be no more than 28 percent of your gross monthly income.
To be approved for a home loan within seven years of a foreclosure, here are some loan options and things to do: FICO credit scores range from 300 to 850 and most mortgage lenders require at least a 620 to 660 score. The better the score, the more favorable the loan terms that are usually offered.