How Much Home Can You REALISTICALLY Afford (By Salary)

In today’s video, I’ll discuss exactly how much house you can afford based on salary. With the average home price in the US soaring to over $480,000, our pocket books are being stretched more than ever. But before making one of the biggest purchases of your life, it’s important to sit down and calculate how much home you can actually afford, with all other potential costs factored in. Whether you plan to rent or buy, I’ll break down just how much your monthly mortgage payment should be per month depending on how much money you make.

TIMESTAMPS:
0:00 Intro
1:03 Buying Vs Renting
8:24 Rental Costs
12:03 Buying A Home
13:26 28/36 Rule
14:52 30/30/3 Rule
22:27 Buying A $200 Million Home

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#realestate #housingmarket #firsttimehomebuyer #buyingahome #budgeting

Music used in this video:
DEAF KEV - Invincible [NCS Release]►[ Ссылка ]

*This video is not to be construed as investment advice. Everything shared is my opinion. Some of the links above include affiliate links. I'm part of an affiliate network, and I receive compensation from partner websites at no extra cost to you. This video is accurate as of the posting date but may not be accurate in the future.

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