Making Money

How Much Home You Can ACTUALLY Afford (By Salary)



Here is how much of a house you can actually afford, based on lenders, strategies, and price – Enjoy! Add me on Instagram: GPStephan | GET MY WEEKLY EMAIL MARKET RECAP NEWSLETTER: http://grahamstephan.com/newsletter

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27 Comments

  1. Do the math on that 20% down payment. $300k home requires 20% down of $60k. Does that seem reasonable to anyone making $70k a year? Not to mention inflation isn’t going to stop. It might slow but it’s never going to stop. By the time you saved the 20%, the house price just increased.

  2. Best advice is to wait until the housing market crashes. Wife and I did that in 2010 and bought our current home for 185k. Its now appraising at 450k. Market WILL crash again (and likely soon). Jump as soon as it does.

  3. If you are a high school drop out, or high school graduate do not move to California. Thousands of homeless people, drug addicts, and welfare is limited, only an immigrant can qualify it seems. You will not be able to come up with the 20% dp for house, nor groceries or gas.

  4. This whole video is just a real estate investor trying to convince more people that renting is good so he can keep making money off them. Nothing to see here

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