How much home you can actually afford (by income level)

How much home you can actually afford (by income level)

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Publish Date:
August 9, 2023
Category:
Fractional Real Estate
Video License
Standard License
Imported From:
Youtube





Buying a home is a dream for a lot of people but unfortunately, there's more to it than just coming up with the down payment. One major thing that banks consider is income. So let's look at how much house you can actually afford based on different income levels.

00:00 - Intro
00:38 - What does "afford" mean
01:53 - Debt-to-Income Ratio
04:25 - Conventional Loan
05:06 - FHA Loan
06:45 - $1million Home
07:45 - Getting Started

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