can a person reasonably afford to buy a home

11/30/2007 4:04:51 PM

fuck you bitch

11/30/2007 4:05:37 PM

More than you have if you're asking.

11/30/2007 4:05:51 PM

any home?

11/30/2007 4:05:57 PM

about...tree fiddy

11/30/2007 4:06:39 PM

Well, it's obviously different in different locations

and different situations

How much money are your parents giving you? How much HAVE they given you.

11/30/2007 4:08:42 PM

I would think it depends highly on where you live.

11/30/2007 4:08:55 PM

Quote :

"On What Monthly Take Home Salary can a person reasonably afford to buy a home?"

too little

11/30/2007 4:11:46 PM

my parents dont give me any

11/30/2007 4:14:22 PM

depends on the cost of the house, taxes, mortgage rates, down payment, etc.

i'm gonna throw something out there

200K house in Raleigh, 20% down, nice first-time homeowner's rate would cost you about $1400/month including utilities

[Edited on November 30, 2007 at 4:17 PM. Reason : +/- about $200]

11/30/2007 4:14:33 PM

hahaha depends on the home

you should be able to afford a house up to 3 times your total annual salary (tax breaks help some so your current take home isn't accurate)

11/30/2007 4:15:59 PM