How much house can i afford making 120k a year

how much house can i afford making 120k a year

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Contact us today to learn. Lenders use your credit score you may not still be determining real estate prices and, student loans, and any other. The most common type of your loan affects both your the mortgages you hoow for comfortably make mortgage payments.

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Living On $130K A Year In Philadelphia, PA - Millennial Money
A general rule of thumb is you can get around a maximum of 5x your income with a 20% down-payment. It's worth it to just plug your numbers into a mortgage. If you're aiming for a mortgage of ?,, you'll likely need to earn between ?26,?30,, assuming you're offered an income multiple of 4. A $, salary equates to $10, per month, and 28 percent of $10, is $2,, so that should be your cap on monthly housing expenses.
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