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2. How much house can I afford with a $170K salary? - AOL

   www.aol.com/finance/much-house-afford-170k...

   Loan-to-value ratios are a measure of your proposed loan amount versus the market value of the home you’re buying. Down payment amount: A goal of a 20 percent down payment is common, but it’s ...

3. What Income Do I Need for a $300K House? - AOL

   www.aol.com/income-300k-house-170125123.html

   The guidelines relate to your debt-to-income ratio, which compares your debt payments to your gross monthly income, and they might let you buy a $300,000 house with an income of roughly $93,336 ...

4. What is a debt-to-income ratio for a mortgage? - AOL

   www.aol.com/finance/debt-income-ratio-mortgage...

   Key takeaways. Your debt-to-income (DTI) ratio is a key factor in getting approved for a mortgage. The lower the DTI for a mortgage the better. Most lenders see DTI ratios of 36 percent or less as ...

5. Debt-to-income ratio - Wikipedia

   en.wikipedia.org/wiki/Debt-to-income_ratio

   The two main kinds of DTI are expressed as a pair using the notation / (for example, 28/36).. The first DTI, known as the front-end ratio, indicates the percentage of income that goes toward housing costs, which for renters is the rent amount and for homeowners is PITI (mortgage principal and interest, mortgage insurance premium [when applicable], hazard insurance premium, property taxes, and ...

6. Housing affordability index - Wikipedia

   en.wikipedia.org/wiki/Housing_Affordability_Index

   A housing affordability index (HAI) is an index that measures housing affordability, usually the degree to which the median person or family in a particular country or region can afford housing/housing-related costs. [1] [2] [3] Housing affordability is one contribution to the cost of living in an area; measured by the cost-of-living index. [3]

7. Mortgage calculator - Wikipedia

   en.wikipedia.org/wiki/Mortgage_calculator

   Mortgage calculators are automated tools that enable users to determine the financial implications of changes in one or more variables in a mortgage financing arrangement. Mortgage calculators are used by consumers to determine monthly repayments, and by mortgage providers to determine the financial suitability of a home loan applicant. [ 2 ]

8. Affordable housing in the United States - Wikipedia

   en.wikipedia.org/wiki/Affordable_housing_in_the...

   The report's key figure, the "Housing Wage," reveals the hourly earnings necessary for full-time workers to afford fair market rental homes without exceeding 30% of their incomes. Nationally, the 2023 Housing Wage is $28.58 per hour for a modest two-bedroom home and $23.67 per hour for a one-bedroom home.

9. 'An impossible market:' The homebuying affordability gap is ...

   www.aol.com/news/impossible-market-homebuying...

   The affordability gap — an estimate of the difference between an area’s median household income and how much income is necessary to afford payments on a median-priced home in that area — is ...