How Much Income You Need for a 400k Home (Mortgage Broker Insider) #mortgage #realestate

Transcript

here's how much income you need in order to qualify for a $400,000 house I'm a mortgage broker in Florida and I've helped hundreds Finance real estate now let me show you how all the banks calculate this so your payment on average is going to be around $3,400 a month now let's say you have $1,000 of monthly debt so we take your total monthly debt multiply it by two and this is how much you'll need of monthly income follow if you found this helpful