How Much Do You Need To Make To Afford A 500K House

How Much Do You Need To Make To Afford A 500K House

How can we possible afford the mortgage on a 500k house with. – We went well below what the mortgage guy said we could afford, but I think they are crazy and don’t take into account lifestyle. Do you want to be able to travel? Do you want to be able to make large purchases (new furniture for the house, a new computer, etc.) without having to save up for years or put it on credit and pay it off for years?

How much income would i need to afford a 600k home? | | Expbux – I’m still pretty young and i’m just curious how much income before taxes me and my future partner would need to make to afford a house like that? Other tips and advices would be appreciated.. Is it worth buying a house in the bay area? Hello Friends, I have been looking at buying a 3 bedroom house in San Jose with a budget of $500k.

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How much do I need to make, in order to afford a 500k home in. – In Toronto, you could buy a new 3 bedroom 2000 sq. ft. house in the suburbs for 500K and change. If you can’t afford a 500k house (which you can’t, comfortably at least), then you have to make some sacrifices. Live in smaller communities, farther from the city, or smaller, or a condo.

110k income, can I afford a 500k house? : personalfinance – Housing 110k income, can I afford a 500k house?. so much so that you want to save to buy a house in cash in a cheap state (mid-west). But, you also say that if there wasn’t an HOA (what maybe $2-400/month?) you’d be comfortable doing it. I’m reading a lot of nonsense here.

 · Depending on how much you qualify for and the amount you will need to put down, you might have to get creative with your financing. At the $500,000, you are getting into jumbo loans, and currently jumbo loans start at $417,000 and have slightly higher interest rates.

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Who can afford 800K-1M homes? Genuine Curiosity! –  · Anonymous wrote:"my husband and I both work, make a combines gross income of $185K and can not afford an $800-1mil home have 1 child." Because you don’t have 20%? I just refinanced an almost 900K house on a 175K salary. And yes, we save for college and retirement.

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WIll I qualify for a 500k home if my income is 120k? If not, what can I qualify for? What is the minimum credit score required? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.

Refinance Rental Property Cash Out Cash out refinance available on a rental property? – I have a rental property that I would like to refinance and cash out for a downpayment on a second property. I have been told by a lender that a cash out refinance is not allowed on what is now considered an investment property (this is a huge blow, as this was my primary residence until 4 months ago).4 Unit Multi Family Homes For Sale How To Buy A Small MultiFamily Property | Real Estate Blog – You could buy a triplex, a few duplexes, lots of single family homes, 5th unit in order to make the sale easier (4-plexes are MUCH easier to.

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