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How much do I have to make to have a 600000 house?

by james.finley609 from Fair Oaks, California. Sep 18th 2014 Reply


Larry Gray (lgray_312_247)
#566 ranked lender in California - 1,127 contributions

That is an excellent question, and as one who has helped many, many first time buyers purchase their first homes...as have some of my very qualified colleagues who answer lending questions at Lender411.com and elsewhere...my best advice is to get qualified with at least one California mortgage broker or banker to find out what you qualify for currently. It is possible to have at least one non-occupant co-borrower to help you qualify if need be.

Sep 18th 2014
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Randy Baker (rbaker109@gmail.com)
#996 ranked lender in California - 8 contributions

Hey James, it will depend on how much other debt you have. Other debts would be car payments, credit card payment, installment debts and revolving debts ETC..If you like you can tell me what your gross income is and how much your other debts are and I will tell you how much you qualify for based on those numbers.

Sep 18th 2014
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Conor Sutton (conor@csloansolutions.com)
#994 ranked lender in California - 5 contributions

Good question. Unfortunately, there are too many unanswered variables that would determine how much house you could afford and what the payment would be. That's why no one has provided any numbers for you in their answers. Some variables to consider: down payment, credit score, income, debts, others. Hope that helps. -Conor Sutton...www.csloansolutions.com...

Sep 19th 2014
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