Would I be able to afford this house if I have a large down payment ready?

December 28, 2008

how much house can i afford
PlayDaily asked:


If I make about $3k-$3.5k a month, and am interested in purchasing a house of about $300k, would I be able to afford the monthly payments if I put down a down payment of $150k-$180k?
If this is not possible, about how much would I need to make in order to make this happen?

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