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How much do you need to make to afford a 100k house?

Author
admin
Date
2019-11-12 16:14
Views
143

How much do you need to make to afford a 100k house?







Your maximum mortgage payment (rule of 28)

The golden rule in determining how much home you can afford is that your monthly mortgage payment should not exceed 28 percent of your gross monthly income (your income before taxes are taken out)