I only make $36,000 how much house can i Afford?

December 24, 2008

how much house can i afford
zonkietheterrible asked:


I don’t make much and i live in Miami,Fl where houses are ridiculously overpriced! I found pre-construction downtown from the 160’s to 250’s. i would love to own but is this unrealistic and dangerous? i have excellent credit.
Well I have always lived in Miami, and am currently living with my family. So I don’t pay rent, and my monthly expenses are basically my car and cell phone. and about $1000 in Credit card debt. Thats about it.
how does pre-construction work though? do you immediately start paying a mortgage or is it just the construction and contract deposit at first to reserve?
$140,000 doesn’t exist in miami unless you live in a hole. thats the problem.

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If you make 1334 per month after taxes how much house can I afford? What mortage amount should I pay?

December 1, 2008

how much house can i afford
a bear hugs asked:


What amount should I be expected to pay, and what would you suggest would be a good lender to use?
What is the total amount of the house would I be able to afford too
thanks swat because you hit the nail right on the wall.
that means if i add someone elses income then we can pay 800 per month in a mortgage and the house would be like 60000 dollars. thats even steven by my book

houses where i saw are going for reasonable
and half of that so it will work out well.

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How much housing can afford someone that makes $50k a year, how much by $70k, how much by $100k?

November 22, 2008

how much house can i afford
Claudio F asked:


Assuming no other debt than mortgage, is there a list of income-housing prices that I can refer to?

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Foreclosure Listings - Finding A Bargain

July 2, 2008

Using Foreclosure Listings to Save Money Buying Your Home

When buying a new home, you can use foreclosure listings to your advantage. Unfortunately, many people lose their homes due to financial problems. Many problems stem from the fact that they could not afford their mortgage in the first place. There are listings available that show prospective buyers many homes that are discounted due to the original owner defaulting on their mortgage.

Use the many online resources wisely and read through foreclosure listings to find a home at a great price. It’s too bad that your good fortune could come at the price of someone else’s misfortune but looking at foreclosure listings could save you tens of thousands of dollars off when buying your home.

Free or Paid Subscriptions?

There are free and paid foreclosure listings available that show you power of sale properties at a fraction of the original listing. Free listings might not be updated as regularly as the listings you pay a subscription fee for. Take a look at all the available options before paying for a subscription service.

How much do we need to make to afford this house?

February 8, 2008

how much house can i afford
Lauren M asked:


We are interested in a house that we think we can get for $275k. We would put 20% down and have a 220k mortgage. This will be no problem with our dual salary, but we’re thinking that I will stay home when we have kids in a couple years. What salary do you think is appropriate for a 220k mortgage? We need to know what my husband would have to make.

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How would I determine if it is better to pay off my mortgage, or keep it and claim the deduction? Calculator?

December 16, 2007

mortgage calculator
ydtnkydknw asked:


Is there a calculator for this on the net?

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How expensive of a house can I afford?

September 21, 2007

how much house can i afford
David asked:


My household is making 160,000 and after we pay off the loans and living expense we have around 33,000 left each year. We have inherited 120,000 recently and we are considering using that as a down payment. We are in our mid thirties now. We are wondering how expensive of a house can we afford and how many years of mortgage period should we consider? How much do you suggest we pay each month? Thanks!

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How much mortgage can I afford if I make $1428 a month after taxes? How much house can I afford in other words

August 4, 2007

how much house can i afford
. asked:


for my income bracket?

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