Mortgage

How much money do you need to make annually to pay for a house worth 700k?

How much money do you need to make annually to pay for a house worth 700k?

The concept of “afford” is highly subjective. I’ll provide you with an answer from a mortgage lender to help you understand what you could be eligible for.

There are a few significant variables that make up the equation of approval.

  • Which is the down amount?
  • How about other debt-related payments specifically, such as car loans, student loans, the minimum credit card requirements and child support or alimony