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What Can I Afford on a 150k Salary?
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🏠💰 "What Can I Afford on a 150k Salary?"
Curious about your home-buying power with a $150k salary? Let's break it down. 💡📊
With some lending guidelines allowing a debt-to-income ratio of up to 50%, there's potential to leverage your income. Divide your salary by 12 months, and you get a monthly figure. Assuming a 20% down payment at a 6.5% rate, along with additional expenses like property taxes, home insurance, and other monthly obligations, your total monthly commitment is calculated. 📉💲
So, what's your maximum purchase price? Let's find out your possibilities of homeownership. 🏡✨
#homeownership #realstate #mortgagerates #propertytaxes
Curious about your home-buying power with a $150k salary? Let's break it down. 💡📊
With some lending guidelines allowing a debt-to-income ratio of up to 50%, there's potential to leverage your income. Divide your salary by 12 months, and you get a monthly figure. Assuming a 20% down payment at a 6.5% rate, along with additional expenses like property taxes, home insurance, and other monthly obligations, your total monthly commitment is calculated. 📉💲
So, what's your maximum purchase price? Let's find out your possibilities of homeownership. 🏡✨
#homeownership #realstate #mortgagerates #propertytaxes
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