There are several factors such as existing debt, savings, credit score, closing costs, and insurance that come into play, but you typically need to make approximately $75,000 a year pretax for your mortgage cost to be 28 percent of your income.
There are several factors such as existing debt, savings, credit score, closing costs, and insurance that come into play, but you typically need to make approximately $75,000 a year pretax for your mortgage cost to be 28 percent of your income.