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How much income do you need for a $350 000 mortgage?

Author
admin
Date
2019-11-01 15:56
Views
40
To afford a $400,000 house, for example, you need about $55,600 in cash if you put 10% down. With a 4.25% 30-year mortgage, your monthly income should be at least $8178 and (if your income is $8178) your monthly payments on existing debt should not exceed $981.