@alexthatrealestateguy: How Much Do I Need to Make to Afford an $800,000 Home? • $800,000 Purchase Price • Los Angeles • FHA Loan • 3.5% Down Payment • 680 Credit Score • 5.75% Interest Rate • 6.50% APR • Estimated Taxes & Insurance Included • No Monthly Debt Assumed Unless Otherwise Noted This example is for educational purposes only. Actual rates, payments, costs, qualification requirements, and available programs will vary based on credit, income, assets, property type, occupancy, and other factors. Alex Aceituno Mortgage Loan Officer & Realtor NMLS# 2373880 NEXA Lending NMLS# 1660690 Equal Housing Lender #homebuyer #firsttimehomebuyer #homebuyingtips
alexthatrealestateguy
Region: US
Saturday 20 June 2026 20:43:33 GMT
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MPRBAN! :
Wife and I make 320k and rent for $1600 instead and Invest 12-16k a month.
Rather invest and retire soon buy home cash and avoid paying for another home in interest. 👌
2026-06-25 23:04:17
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Mr.Mcflyer :
I hate the 3.5% down payment example. how much would it have to make if I put a 20% down payment?
2026-06-21 00:50:14
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barranness :
Not in California you aint 😒
2026-06-24 14:21:01
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Mumble pop :
Wrong, wrong, wrong. Lending income requirements is not “affording.” You would need to make $247,000/ year so that a $6,177/mo payment is no more than 30% of income. More than 30% is irresponsible and qualifying someone at more than 30% is predatory.
2026-06-24 00:46:20
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