– If I make 50k, 60k, 70k, 80k or 90k a year, how much house can I afford? Budget . To be able to determine how much you can spend on a house, your budget is a very important tool. You should know that your house is going to take up a large part of your monthly budget. And your housing expenses are important components of your budget.
How ANYONE can retire a millionaire! – Now financial experts have revealed exactly how much money you need to save each month in order to have £1million in the bank by the time you reach retirement. While many millennials prioritise saving.
How Much House Can I Afford? – Credit Sesame – The Basic Formula. Some experts suggest that you can afford a mortgage payment as high as 28% of your gross income. If true, a couple who earn a combined annual salary of $100,000 can afford a monthly payment of about $2,300/month. That could translate to a $450,000 loan, assuming a 4.5% 30-year fixed rate.