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  2. What percentage of your income should go to a mortgage? - AOL

    www.aol.com/finance/percentage-income-mortgage...

    For example, if your monthly take-home pay (after taxes) is $4,000, that means up to $1,000 can be spent on your mortgage payment. $4,000 x 0.25 (25%) = $1,000 (maximum monthly mortgage payment)

  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. Mortgage calculator - Wikipedia

    en.wikipedia.org/wiki/Mortgage_calculator

    A potential borrower can use an online mortgage calculator to see how much property he or she can afford. A lender will compare the person's total monthly income and total monthly debt load. A mortgage calculator can help to add up all income sources and compare this to all monthly debt payments.

  5. How Much House Can I Afford on a $75K Salary? - AOL

    www.aol.com/much-house-afford-75k-salary...

    “Assuming an average interest rate and reasonable debt-to-income ratio, someone with a $75,000 salary could potentially afford a home in the range of $225,000 to $275,000,” he said.

  6. Housing affordability index - Wikipedia

    en.wikipedia.org/wiki/Housing_Affordability_Index

    A value of 100 means that a family with the median income has exactly enough income to qualify for a mortgage on a median-priced home. An index above 100 signifies that family earning the median income has more than enough income to qualify for a mortgage loan on a median-priced home, assuming a 20% down payment and a qualifying ratio of 25%.

  7. How to read and compare mortgage loan estimates - AOL

    www.aol.com/finance/read-compare-mortgage-loan...

    E: Taxes and other government fees – This part of the estimate includes fees for recording the mortgage with the city or county, as well as property transfer taxes if applicable.

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