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

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

   Since current mortgage rates are now over 6.5%, he gave an example of a 30-year loan with 7% interest. ... “Individuals with a salary of $75,000 a year should aim for a home price ranging from ...

3. Study: Americans need a six-figure salary to afford a typical ...

   www.aol.com/finance/study-americans-six-figure...

   To afford a median-priced home of $402,343, Americans need an annual income of $110,871, up 46 percent since the start of 2020. Americans must earn at least $100,000 annually to afford a median ...

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

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

   A back-end DTI of 36% or less gives you the best chance of having your loan application approved. With an income of $93,336, you could have total debt payments of $2,800 per month — $2,178 for ...

5. How to get preapproved for a mortgage - AOL

   www.aol.com/finance/preapproved-mortgage...

   In general, lenders like to see a mortgage payment taking up no more than 28 percent of your gross monthly income and your total debt payments (which include credit cards, car loans and other ...

6. What is conditional approval in a mortgage application? - AOL

   www.aol.com/finance/conditional-approval...

   Initial mortgage approval, often known as preapproval, is an early stage where the lender provides an estimate of what you may qualify for, based on a preliminary review of your income and credit ...

7. How to improve your finances before your first mortgage - AOL

   www.aol.com/finance/improve-finances-first...

   Your credit score: One of the biggest determining factors for mortgage approval is credit score. A credit score of 661 or higher places you in the creditworthy category, according to Freddie Mac ...