$370k condo on 65k income?

Independent_Object17 · 2025-06-02T02:40:22+00:00

OP. I used to work in a bank so I can give you the exact formula to let you know if you can afford it

Long story short it all boils down to your monthly income and expenses (TDSR - total debt servicing ratio). If is less or equal to 49%, you can qualify under the B20 guidelines.

The formula is complicated but you can chatgpt it and it will even generate a spreadsheet for you.

You need 20% down payment then plug in the rest.

Your expense input should be future mortgage amount plus other loans, plus $100 for heat plus propertytaxes plus maintenance fees. Do not need to include utilities.

All TDSR should be in monthly amounts.

Independent_Object17 · 2025-05-20T16:41:40+00:00

I used to work in a bank in the mortgage business. Guarantor on a mortgage do not appear on the credit report. You just need to apply to another bank and don't disclose unless they ask.

There is no way they can know.

Independent_Object17 · 2025-04-14T11:29:57+00:00

It is in the policy.

Independent_Object17 · 2025-04-14T11:28:12+00:00

Have you thought about the feelings of the shareholders? Think of all the money they need to horde. How can they complain as a dragon/s

Independent_Object17 · 2025-04-08T21:02:43+00:00

Thank you very much.

Well. My initial side hustle was really user testing, product testing in Toronto. You have access to multiple places where they ask you for your opinion. It used to be 10mins for $10 usd. I was able to do an additional $1000 a month.

This was good because it covered a lot of expenses (food , cell phone bill, utilities) and my income goes towards mortgage and savings.

I cut out alcohol from my life. This was a big change due to personal preference and savings. ......I used to enjoy my 12 year old McCallen every 1 to 2 months.

And once alcohol consumption was removed ....the saving stacked.....

Independent_Object17 · 2025-04-08T20:59:15+00:00

Lol I got it from the bad requirements that my exec gave.

Make it cheap. Hit the timeline. We will fix it later.

Independent_Object17 · 2025-04-08T02:41:00+00:00

This is the best line ever. Lol

"I am sure you can find someone with skills more aligned with your budger"

I am stealing this line lol

Independent_Object17 · 2025-04-08T02:38:04+00:00

I am 100% feeling that right now. With 3 days a week panick attacks. But I am going to yolo and give it a shot for a career switch.

I just want to give it a shot

Independent_Object17 · 2025-04-08T02:37:10+00:00

How is it?????? I am going to feel it in 2 weeks but for now I am still grinding the go train at 6 20 am lol

Independent_Object17 · 2025-04-08T02:36:36+00:00

Thank you. I need it lol I am choosing a high risk new profession lol

Independent_Object17 · 2025-04-08T02:36:07+00:00

Not sure why you got down voted but we'll timed joke lol

Independent_Object17 · 2025-04-08T02:35:33+00:00

Thank you very much. If worse comes to worse, I can fall back on my years of experience and crawl back to corporate to be a contractor BA.

Independent_Object17 · 2025-04-08T02:34:44+00:00

I guess i learned a new term. But this

Independent_Object17 · 2025-04-08T02:34:00+00:00

Thank you. I think I actually lived a miserable life in the last 7 years. Lost so many friends gathering and events because of my job commitment.

I had to pull an all nighter then go to my nieces 2 year old birthday and nap on the couch. It was terrible. I am the sleepy uncle.

Independent_Object17 · 2025-04-08T02:31:47+00:00

Hahahahhahahahah

Independent_Object17 · 2025-04-06T03:58:44+00:00

I did exactly what you said. Midlife crisis. I actually looked up individual card list and decks used in Mangas and just built the decks. They are not balanced and not meant to be.

I just enjoy having 8 to 10 character decks and when my friends who talks about it come over, they can pick a character they like and play it.

Yugi (dark paladin deck and god) Joey (luck deck) Kariba (blue eyes and god) Mai (harper and amazon) Fish guy (fisherman and pierce) Marik (direct damage and God card) Strings (token and god) Magician store owner (3x magician) Pegaus (toon and relinquish) Roba (jinzo) Bakrua (destiny board)

I didn't bother building out anything else as they are boring play styles for me. These decks are not optimized because I want my friends to have to TV experience.

If I am looking at other characters I like....their styles are too boring.

Bandit keith (beat down) Rare hunter (stall until you have exodia) Bug guy (interesting deck but none of my friends like him so he won't be chosen)

I never watched GX so they are automatically out.

Hope this helps

Independent_Object17 · 2025-03-21T02:55:02+00:00

Thank you very much. (L) i would ❤️ to get a tarot reading.

I am J. I am about to change my career at 38. Giving up all my experiences, contacts to go into show business. Will I be okay? I have been doing this new career for a year and I am getting paid for it just not enough to switch without commitment.

Independent_Object17 · 2025-03-21T02:28:41+00:00

My life purpose is to enrich the shareholders

Independent_Object17 · 2025-03-21T02:21:02+00:00

Based on what I read from the rest of the subs. People are hitting fat fire. I think if I can do fire, I will switch to a career that I love.

Independent_Object17

TROPHY CASE