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  2. Highest Satisfaction for Mortgage Origination, 2010-2017 - J.D. Power

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  2. Here’s the income you need to buy a $500K home in America ...

    www.aol.com/finance/income-buy-500k-home-america...

    That puts the median annual wage at $59,436, which means you'd need just about twice that income to afford a $500,000 home based on today's mortgage rates and a 20% down payment.

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

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

    Calculating exactly how much of a mortgage payment you would be able to afford under the 28 percent cap requires multiplying your gross monthly income by 28 percent.

  4. 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 ...

  5. 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.

  6. Income requirements to qualify for a mortgage - AOL

    www.aol.com/finance/income-requirements-qualify...

    For example, if your gross income is $6,000 per month, your mortgage payment should be no more than $1,680 (28 percent of $6,000), and your total debt payments (including the mortgage) should max ...

  7. 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%.

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