Search results
How much house can I afford with a $170K salary?
Bankrate via AOL· 6 months agoIf you are making $170,000 a year, you are significantly more well off than the average American — the national median household income is $74,580 per...
What is the 28/36 rule for home affordability?
Bankrate via Yahoo Finance· 8 months ago“How much can I afford to pay for a house?” It’s a question all hopeful homebuyers ask themselves. Coming up with a number might be easy — simply...
How much house can I afford if I make $60,000 a year?
Bankrate via Yahoo Finance· 8 months agoIf you’re bringing home $60,000 each year, it might feel impossible to actually buy a home. A $60K...
If I make $140,000 a year, how much house can I afford?
Bankrate via Yahoo Finance· 8 months agoWhether you’re bringing in $140,000 on your own or that’s your combined household income, you...
What is PITI?
Bankrate via AOL· 5 months agoKey takeaways The principal, interest, taxes and insurance (PITI) comprise your monthly mortgage payment. You can calculate your PITI payment yourself or...
The history of home (un)affordability
Bankrate via AOL· 21 hours agoKey takeaways In the past 60 years, home prices have grown more than twice as fast as wages. In addition, mortgage payments have doubled in the past...
What is mortgage amortization?
Bankrate via AOL· 6 months agoKey takeaways Mortgage amortization refers to the split between how much of your loan payment goes toward principal vs. interest. At the beginning of...
What income do I need to afford an $800K house?
Bankrate via Yahoo Finance· 9 months agoIn just about any market in the country, those who can afford a homebuying budget of $800,000 are likely to find many enticing possibilities. The...
15-year vs. 30-year mortgage: Which is right for you?
Bankrate via Yahoo Finance· 5 months agoKey takeaways A 15-year mortgage means larger monthly payments, but a lower rate and substantial...
How to make an offer on a house
Bankrate via AOL· 6 months agoBefore you start the hunt for your dream home, there are several things you can do to prepare. Learning what to expect when buying a house and assessing...
