Скачать или смотреть How Much Income Do You Need to Buy a $300,000 House?

Thinking about buying a $300K house? Let me break down EXACTLY how much income you need to qualify - and why your debt matters just as much as your salary!
The Basic Math:

Purchase price: $300,000
20% down payment: $60,000
Loan amount: $240,000
Monthly payment (PITI): ~$1,800
Minimum income needed: $64,000-$77,000 annually

But here's what people miss - your existing debt dramatically affects qualification!
Low Debt Scenario:
If you have minimal debt, you might qualify with $64K income
High Debt Scenario:

Car payment: $400/month
Student loans: $300/month
Credit cards: $200/month
Total: $900/month in other debts

Now you need $85,000-$95,000 income to qualify for the same house!
Key Takeaway: Your debt-to-income ratio is calculated on ALL monthly debt payments, not just the mortgage. This is why paying off debts before applying can dramatically increase your buying power.
Strategy tip: Every $100 in monthly debt you eliminate can increase your buying power by $15,000-$20,000!
Want to know exactly what you qualify for based on YOUR specific situation? Comment "QUALIFY" and let's run your numbers!
#IncomeRequirements #300KHouse #MortgageQualification #DebtToIncome #HomeBuying #RealEstate #FirstTimeBuyer

‪@GreywoodInvestments‬