How much you need to make to AFFORD a $500k house

[@chaimgruenzweig3276]

Where is the $4742 coming from?

[@PapaVski]

Just gloss over that $50k down payment like it's nothing.... So not only do I need to make $10k a month to pay the mortgage, but also have saved every bit of that $10k a month I was making for almost half a year while somehow spending absolutely none of it to survive.... Hmmm...

[@AmericanWears]

We’re talking take home here. So you’ve got to gross somewhere between 150k-160k

[@Rainy_Day12234]

That’s after tax. You need to make more than $175k.

[@HeadsDisplay]

Why does your math not add up 4,742/.32 is 13k And your first statement was 3386 were did that other 1500 come from? 3386 is close to your 9.5k ending statement. Let alone down payments can easy change this number. So nice playing with the numbers

[@redeyez2012]

And no one I know even comes close to making almost $5k a month. I could have made it simpler... you want to buy a 500k home? You need 500k. Lol or 500k / 12 = roughly $42k a month, $10500 a week. I'll pass, thanks!

[@mle3857]

No thanks,