In late 2021, the median home sale price topped $400,000 for the first time—and it’s remained well above that threshold ever since, according to U.S. Census Bureau data. If you are wondering how much income you need to afford a $400,000 house, in a sense you’re just about smac...
Nobody will doubt that earning $400,000 a year is a lot of money. A $400,000 a year household income puts you in America's top 1.8% income-earners according to the IRS. Therefore, by most metrics, you areconsidered rich with this income. Sadly, earning $400K a year would have put...
1.2mil house with $420k household income? Is it economically viable/reasonable to buy a 1.2mil apt in the bay area with 420k TC , with 20% down payment? Monthly mortgage seems too high to afford it#housing#mortgage 2611,434 Share
Much better to trawl thrift shops, post-holiday clearance sales, and estate and garage sales, which can be terrific places to buy a lot of merchandise cheap. We wrote a detailed article on the process. eBay: Some things sell better and for more on eBay than Amazon. If you have a “one...
When I was younger I used to buy a tax information book for each year Now that I am much older and house bound, I decided to check out my computer. Thank you for the ” change” information and even info for next year. . I might not need it because I am 91 1/2 years now, ...
an income of $13.5 K a year. We just live in a rented house which is very far from a town or a city. Even talking about education, I will never get good education. My grades are just a bit more than average and I study all the time. Imagine how it would be to be a ...
The “debt-to-income ratio” or “DTI ratio” as it’s known in the mortgage industry, is the way a bank or lender determines what you can afford in the way of a mortgage payment. By dividing all of your monthly liabilities (including the proposed housing payment) by your gross monthly...
But if you ask any $250,000 a year couple whether they think they are rich, I'm sure most would privately tell you no. In 2024, it costs $1.8 million here in San Francisco to get a decent house in a decent neighborhood. That's 7.2X a $250,000 household salary. ...
years, we have no shortage of capital gains to harvest. Without going into great detail, this basically means to sell a stock that has increased in value and then buy it back with increased basis. This is a taxable event, but with a tax rate of 0% it just functions as a basis reset...
6:48aMy boyfriend owns a house and earns more than me, but I refuse to marry him without a prenup. Is that wise? 5:33aStellantis and Mercedes-Benz withdraw guidance as VW says it can’t quantify tariff hit 5:20aMy father is giving me $250K to buy a home, but told me not to te...