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Simple way to find our how much home you can afford

Here's a simple way to find out how much home you can afford to buy.

If you are a W2 Employee, your going to take 45% of you Gross Income, that's before taxes and you going to multiply that number by .45% so here's an example let's say you make $10K a month x .45% equals $4500.00.

So that means that your entire mortgage payment, plus your property taxes & insurance and any HOA fee's plus any outstanding monthly debt you have should not exceed $4500.00

This should help you get a rough understanding of what you can afford in today's market.

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Видео Simple way to find our how much home you can afford канала Clay Robison
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