6.5%, 30 year term on 256,000 is $1,608 per month, plus taxes of approx $333/month and maybe $100/month insurance. All equals $2,041/month. Usually calculated DTI ratio of 35% is before taxes. So at 40% of income, this loan may have gotten funded. Not sure as things may be a lot tighter than a couple of years ago, but possible, nonetheless.
