How in the world does a bus driver have an $800k house. An $800k loan, assuming they put nothing down, at 6% fixed for 30 years means their payment is about $4,800/month plus maybe about $1,000/month in property taxes, for a total of $5,800/month. Add in $1,000/month for food and utilities and they need about $7,000/month for their total living expenses. The lender and buyer are complete morons for allowing that deal to take place. My 2 year old would know that it is a huge mistake.