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What income should the borrower have to get the mortgage?

According to the data of the State Statistics Committee the average salary of a Ukrainian in November 2006 was only 1104 hrn, which is $220 per capita or $440 per family.

Concerning the mortgage costs, they will be different dependently on sum of loan, term and currency of crediting, and also the banking establishment. But on average it will be $500-800 per month.

According to the bankers’ words, payment on a loan for getting a positive decision on giving a loan should be 40-50% of family income, thus the married couple has to earn $1000-1600 which exceeds the income of an average family. It turns out that here in Ukraine only wealthy citizens with $1000 and more income can get mortgage.

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What income should the borrower have to get the mortgage?