How Much House Can I Afford For 850 A Month

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How expensive of a house could I get with a $850 house. – Best Answer: A $141,750 30 year mortgage at 6% would be just under $850/month. Without taxes, PMI, or closing costs. The rule of thumb is that you can afford a mortgage for 3 times your salary, as long as you have no other major outstanding debts. Source(s):

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How Much A Month Can I Afford in House Payments? Formula For. – How much can you afford per month for house payments today? The main wildcard we haven’t talked about yet is the realtor’s best friend, the mortgage tax deduction . That’s why I included the first year interest in the tables above.

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How Much House Can I Afford Quotes in Florida [FL. – How Much House Can I Afford in Florida . Florida is a beautiful place to invest in a home. You have extensive white beaches to spend your days on, vast golf courses for golf enthusiast to practice and hone their skills, and of course, the fact that florida enjoys 365 days of.

How Much House Can I Afford? | – How much house can I afford? great question!. sticking with our example of an income of $5,000 a month, you could afford these options on a 15-year fixed-rate mortgage: $187,767 home with a 10% down payment ($18,777) $211,238 home with a 20% down payment ($42,248)

What Credit Score Is Needed To Purchase A Home What Credit Score is Needed to Buy a House? | – Your credit score has a huge impact on your ability to buy a house. Find out here if your credit score will allow you to buy a home.

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How much house can I afford – Calculation example For an example calculation, lets use a $60,000 annual income, $250 in monthly debt payments, $20,000 to use as a down payment, property taxes of 1.25% of the property price you can qualify for and annual homeowner’s insurance premiums of about 0.5% of the value of the home.

This is how much 8 different emergencies may cost you – and you probably can’t afford them – Many of us simply can’t afford those expenses. Another 22% has fewer than three months of income, and 18% have 3-5 months. Just 29% say they have six months or more. See also: Brace yourself: This.