@realmortgagementor: How much do you need to make to afford a $2,700,000 home? - ##realestate##mortgage##mortgagetips##homebuyer##homeownership- E Mortgage Capital Inc. NMLS 1439141

Morgan Orr | Mortgage Tips
Morgan Orr | Mortgage Tips
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Region: US
Wednesday 24 June 2026 18:23:11 GMT
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cstugger
Cabinet guy :
I make 850k a year and would never take that kind of payment
2026-06-28 14:02:33
739
drkxenogaming
DarkXenoGaming :
if you're looking at a 2.7 million home to buy, I feel like you should just have the cash to buy a 2.7 million home
2026-06-26 18:31:36
122
truth_s3rum
truth_s3rum :
I wouldn’t even touch it at that income. You still want to leave room for other nice toys as well.
2026-06-26 00:21:33
284
imdonedylanwithts
Dylanandhishound :
How much do I need to make to qualify for a 160000 house with 20k down
2026-06-24 22:18:04
116
mtburton23
mtburton23 :
That has to be a net income number because $44k a month would be around $26k a month after taxes. So to have $44k net a month in income, you need to be making $75k a month or $900k a year. That’s 3x your income which is appropriate.
2026-06-26 23:47:03
17
jareenimam
Jareen Imam :
You gotta be making 540k to 600k a year to afford a house for that much.
2026-06-27 20:46:22
8
larplarp45
L :
The fact that rates are more than double what they should be is nuts
2026-06-24 20:58:09
5
kakyaki2
kakyyyy88 :
On what planet are closing costs 70k? A house that costs 1.5 would have closing costs higher than that (?) genuinely curious
2026-06-26 21:43:07
3
sherlock31415
Sherlock31415 :
Are your numbers per month gross or net
2026-06-26 21:46:13
5
_thevinman16
vinman :
Thats how much my homes worth
2026-07-13 20:10:18
0
notanubb
Nubbl :
About 2.7 million dollars, crazy isn’t it?
2026-08-17 01:33:49
1
dhardydoc
dhardydoc :
orrrrrrrrr, keep your %2.75, convert your garage to a gym, build a pool oasis, redo your bathrooms, and build an addition. 🤷🏽‍♂️
2026-06-28 01:48:17
4
kristins_corner
Kristin :
That better be net monthly income, because if it’s gross, you’re losing half of it to taxes and retirement.
2026-06-26 18:49:58
3
jtuchman
JennTuch :
Yeah I paid cash in full much easier lol
2026-06-28 19:20:31
1
jeeniuz
jeeniuz :
I want to buy my properties all cash. Already bought one and have enough for another. Should I do 2 with debt or just 1 cash?
2026-06-28 12:29:02
1
drshappy1999
DrShappy :
I’m still in disbelief that people use gross income to figure out how much they can afford
2026-06-29 01:12:48
1
larplarp45
L :
Just so people know making 2.5x your mortgage on a 2.7m home is way more plausible than making 3x on a 500k home
2026-06-24 20:59:46
59
kaylab0153
Kayla B. :
44k before or after tax?
2026-06-28 01:58:14
0
jujusand
Juju :
70k Jesus!!!! Is this Florida I hope
2026-06-28 01:50:20
0
jim94601
JQT :
Damn, I have a $3.7M home and I make about 250k. No mortgage though.
2026-06-30 01:45:03
2
hurtsthegoat
Jalen Goat Hurts :
30 year mortgage is suicide
2026-08-10 05:01:47
0
jacobparks1725
jacobparks1725 :
I paid cash for a home, curious what the interest rate is
2026-07-08 06:45:57
0
indominusmex9
indominusMex9 :
I’ll say it again. Make loan officers fiduciaries. You’ll see standards in the industry change overnight
2026-06-26 23:58:46
0
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