@realmortgagementor: How much do you need to earn to afford a $500,000 home? - ##realestate##mortgage##mortgagetips##homebuyer##homeownership##homeloans##realestatetips##mortgagepayment##homeowner##realestatemarket##homeloan##buyingahouse##mortgagepayments##homebuyertips##buyahome##homeownertips - E Mortgage Capital Inc. NMLS ##1439141

Morgan Orr | Mortgage Tips
Morgan Orr | Mortgage Tips
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Region: US
Monday 10 March 2025 16:42:16 GMT
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ldm.310
Luis :
I don’t want “qualified” , I want “afford”
2025-03-11 07:19:27
10432
franklinheapdishfbi
Franklinheapdishfbi :
The answer is 200,000 a year with no debt. 20% down. Take your gross salary and multiply x2.5
2025-03-10 18:08:03
3109
jaeflower28
Jae :
I don't want a 500K home. I want a 250k home that LOOKS like a 500k home.
2025-03-11 21:10:54
1215
wyattg775
wyattg775 :
FHA is so financially irresponsible. I hate when people recommend this. Takes forever to build equity, paying pmi, just completely unwise.
2025-03-11 17:14:07
15
falatinglwfs
Falating the Financial Advisor :
For the reader: this is how you afford to purchase — not how you afford to own. Property taxes can increase, home maintenance can occur, etc. all things that stress your affordability.
2025-03-11 12:31:45
303
kennyc1212
kennyc1212 :
Before taxes or after ? Please be more detailed
2025-03-11 16:50:26
22
bubba24217
Bubba24 :
My husband and I made $230,000 this year and I would never even think about looking at a $500,000 home. Do you know how expensive things are in this economy?
2025-03-12 03:20:46
30
ava93sp
Ava_s93 :
6.125% at 640 😂 what year do you think we are in?
2025-03-11 11:43:26
149
eliidiaz94
Elizabeth Diaz :
Mmm. . . Me living in California where a $500,000 home doesnt exist 😂
2025-04-06 21:15:31
101
naked_boss
Lu_Lu_Bird :
Insane I make around 100k a year and I cant afford a house like this because I think its ridiculous to pay a ton interest over 30 years
2025-03-11 10:07:05
100
cwilllllll
Connor :
lol so not including phone bill, car insurance/gas/maintenance, health insurance, grocery's, maintenance & upkeep of home, power/water/electricity, garbage & PMI bc you're putting almost nothing down.
2025-03-11 21:44:04
24
modern_prometheuz
Joshua Wallis :
Don't forget PMI added to that payment.
2025-03-11 21:39:56
13
thepresentparents
Rebecca Giannini :
We do not in fact all have debt
2025-03-12 04:03:24
62
miguelnava5638
miguelnava5638 :
It’s before taxes but who makes 4k a paycheck 😅🤣😂 a lot of us barely make half of that or barely 4k a month
2025-03-11 02:19:24
15
user5962674008807
user5962674008807 :
I don’t think I even qualify for a bubblegum
2025-03-12 14:30:23
63
dvrtheperson
DVRed :
The greatest financial decision I ever made was to buy a home that we could afford on one income. I watched my parents be house-poor my whole life. Not me!
2025-03-11 20:15:05
54
badapp123
Bombad general :
You're not getting that interest rate with that score
2025-03-11 17:19:35
13
bowribbon123
Bowribbon123 :
Never spend half your monthly income on mortgage!!!
2025-03-12 20:13:21
7
crazyj26.crypto
CryptoJ :
My wife and I are professionals and clear way more than that and would not get into that much house. No frickin way
2025-03-11 16:53:34
9
lottatostada
Lotta Tostada :
Is $8150 gross or net???
2025-03-11 15:35:27
20
puffmstr
George :
Closing cost is such a scam. 10k? Why?
2025-03-11 05:42:07
8
556jai
🍀 :
8150 gross or net
2025-03-10 17:06:47
6
omniasolus
OmniaSolus911🇵🇹 :
No. No we don't all have debt.
2025-03-11 15:31:05
23
lianne5055
lianne5055 :
i'm sorry who has $27k floating around for a down payment, smh
2025-03-19 10:42:11
5
rawswagga
rawswagga :
What about same but 1st time home buyer?
2025-09-23 19:47:51
1
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