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  2. How much house can I afford? Here’s how to do the math. - AOL

    www.aol.com/finance/much-house-afford-math...

    Assuming a 30-year fixed-rate mortgage with a 5.795% interest rate, along with property taxes and PMI totaling $475 per month, the maximum affordable home price would be $329,728. This would ...

  3. How much house can I afford with a $170K salary? - AOL

    www.aol.com/finance/much-house-afford-170k...

    Here are factors to consider as you calculate how much house you can afford on your $170K salary ... The 28/36 rule is used by many mortgage lenders to determine the ideal price range a borrower ...

  4. This Is the Salary You Need To Afford the Average Home in ...

    www.aol.com/salary-afford-average-home-state...

    Wyoming: $81,223. 2023 average home value: $322,509. Monthly mortgage payment: $1,742.46. Annual mortgage payments: $20,910. Jami Farkas and Laura Beck contributed to the reporting for this ...

  5. Housing affordability index - Wikipedia

    en.wikipedia.org/wiki/Housing_Affordability_Index

    A value of 100 means that a family with the median income has exactly enough income to qualify for a mortgage on a median-priced home. An index above 100 signifies that family earning the median income has more than enough income to qualify for a mortgage loan on a median-priced home, assuming a 20% down payment and a qualifying ratio of 25%.

  6. Mortgage calculator - Wikipedia

    en.wikipedia.org/wiki/Mortgage_calculator

    4%. Mortgage calculators are automated tools that enable users to determine the financial implications of changes in one or more variables in a mortgage financing arrangement. Mortgage calculators are used by consumers to determine monthly repayments, and by mortgage providers to determine the financial suitability of a home loan applicant. [2]

  7. Affordable housing in the United States - Wikipedia

    en.wikipedia.org/wiki/Affordable_housing_in_the...

    about half did not. [1][2] The term "affordable housing" refers to housing that is considered economically accessible for individuals and families whose household income falls at or below the Area Median Income (AMI), as evaluated by either national or local government authorities through an officially recognized housing affordability index. [3 ...

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