The Mauna Loa Volcano is the largest volcano on the planet as it rises over 4 kilometers above the sea level but the 4 kilometers that you see on top is not even half the size of the volcano.he Mauna Loa Volcano is the largest volcano on the planet as it rises over 4 kilometers above the sea level but the 4 kilometers that you see on top is not even half the size of the volcano.
The cost of housing varies wildly from neighborhood to neighborhood, never mind from city to city. An accepted rule of thumb is your mortgage, or lease payment, shouldn't be more than 28 percent of your gross salary. That would be about $1,166 per month on a gross salary of $50,000.
If you have a 401(k) worth at least $90,000, you can borrow up to 50 percent of it, allowing you to only take a mortgage loan of $240,000 (80 percent of the purchase price) and avoid mortgage insurance. The mortgage payment would be $1,288. In this scenario, your 401(k) loan will be for $45,000.f you have a 401(k) worth at least $90,000, you can borrow up to 50 percent of it, allowing you to only take a mortgage loan of $240,000 (80 percent of the purchase price) and avoid mortgage insurance. The mortgage payment would be $1,288. In this scenario, your 401(k) loan will be for $45,000.