Hey guys, I heard that a monthly payment of several hundred can detract hundreds of grand from total mortgage allowed. Is it possible to avoid that by:
- Paying off lease for remaining months. Would it immediately imrpove my DTI ratio? Would lenders still frown upon the existence of the lease contract and the prospect of auto spending after the lease end?
- Lease buyout. For a $40k-$60k car, how much more is lease buyout gonna cost compared to purchasing up front?
- Lease transfer.
Also would any of the above affect the credit score? Thanks!