How Much You Need to Earn to Afford a $500K Home? скачать в хорошем качестве

How Much You Need to Earn to Afford a $500K Home?

📞 Schedule a time to meet with Bill here: https://calendly.com/blitton/ 📲 Text “LEND” to 21000 to schedule a free 15–minute consultation The average U.S. home price is hovering around $500,000, but what kind of income do you actually need to afford a home with that price tag? In this episode, Bill breaks down the math behind mortgage qualification and explains how factors like debt, down payment, and interest rate dramatically change what’s possible. Here’s what we discuss in this episode: 💵 How lenders determine what you can actually afford 📊 Understanding debt-to-income (DTI) ratios 🧮 The “$150K income” scenario and its limitations 💡 Smart trade-offs: down payment vs. debt reduction 0:00 – Understanding the $500,000 Home Affordability 1:47 – Common Scenario: Debt-to-Income Ratio 4:18 – Impact of Debt on Purchasing Power 7:08 – High Debt Scenario: Reduced Purchasing Power 9:48 – Creative Solutions for Home Affordability Want to learn more about mortgage lending? Please subscribe to our channel and you won't miss a video ➟ https://bit.ly/3KbUxAF _______________________________ CONNECT 🤝 Facebook:   / billlittonlendus   Twitter:   / wlitton76   LinkedIn:   / bill-litton-45082b34   Zillow: https://www.zillow.com/lender-profile... _______________________________ CONTACT ☎ Website: https://smartmortgageshow.com/ Phone: 484.352.4151 Email: [email protected] Appointment: https://calendly.com/blitton/30min?mo...