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.
My problem is that I cant get approved for the final mortgage unless I put down 160k. I only have a 650 per month car note and zero other debt. I have 760 credit score. I have quite a bit of assets, however, no mortgage broker I talk to seems to know what I am talking about when i mention an asset dissipation loan.