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How much could we spend on a house with our income?

I am looking ahead and trying to figure out how much of a house my wife and I could afford. I dont plan to buy a house until all my student loans are paid off. I am never sure how much to put down on those house affordability calculators for “monthly debt”. But Combined the two of us will be making around $110,000 gross income by the time we will be looking to buy. We are both in jobs in which our pay will increase about $1,000 every year too….

Approximately how much could I expect to get approved for?

Between 300k-400k…depending on your debts when you apply.

Written by admin

June 28th, 2008 at 7:05 pm

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