We agree with the contractor that the damages resulting from increased interest rates are consequential damages. Increases in interest rates are not caused by delays in completion of construction contracts.
So you can multiply your current rent by 1.33 to arrive at a rough estimate of a mortgage payment. Hereâs an example: If you currently pay $1,500 per month in rent, you should be able to comfortably afford a $2,000 monthly mortgage payment after factoring in the tax benefits of homeownership.
Rating Newest Oldest. Best Answer: A $141,750 30 year mortgage at 6% would be just under $850/month. Without taxes, PMI, or closing costs. The rule of thumb is that you can afford a mortgage for 3 times your salary, as long as you have no other major outstanding debts.eport Abuse. When you buy a car the last thing you ever want to ask is how much can I afford with this monthly payment Same goes for a house. Never buy the max house you can afford if you ever want to take a vacation or go out to eat every once in a while.