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How much house can you afford on 40k a year?
+1
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asked
Mar 17, 2018
in
Real Estate - Renting
by
limner
(
240
points)
How much house can you afford on 40k a year?
If you make 40 K $40,000.00 a year how much house can you afford to buy?
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1 Answer
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answered
Mar 19, 2018
by
Lilly21
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57,780
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If you make $40,000.00 a year then you should qualify for a home that has a home mortgage payment of $900.00 per month.
So you may be able to qualify for and afford a home that costs up to $140,000.00 when you make $40,000.00 per year.
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