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The general tip is to buy a house that is half of your salary. Depending on how much your expenses are throughout the year, the percentage can go up or down. A good idea would be to do some budgeting to see how much you can afford to pay as down payment and how much you can contribute to your mortgage payments. Then take into account interest rates and back track to find the price of the house you can be comfortable with.
What else can I help you with?
What should I do with a 300k inheritance?
When deciding what to do with a 300k inheritance, consider paying off any high-interest debts, investing in a diversified portfolio, saving for future goals like retirement or a down payment on a house, and seeking advice from a financial advisor to make informed decisions.
How much do software salesman make?
150k to 300k (good year over quota )
How much money do wholesalers make?
Mutual Fund Wholesalers make between 200-600k 401(k) Wholesalers make between 150-400k Annuity Wholesalers make betwen 100-300k
How can one make money from real estate?
Real estate is a fantastic investment and can make someone good money if they are smart about how they invest. Options for making money are flipping houses, where one renovates and then resells a house, renting out a house to pay the mortgage payments and bills, or simply holding on to a house until the housing market improves and reselling at a higher price.
Why do we have bankruptcy mortgages in Canada?
Bankruptcy mortgages in Canada have been set up because having a house demonstrates some sort of equity on your part. The banks would prefer you to keep making payments on the house and therefore they will make more money then if they were to foreclose on it and sell the house at a discounted price.
What should I do with a 300k inheritance?
When deciding what to do with a 300k inheritance, consider paying off any high-interest debts, investing in a diversified portfolio, saving for future goals like retirement or a down payment on a house, and seeking advice from a financial advisor to make informed decisions.
What can a landscape designer make?
15k to 300k. It's gonna be about how much you can sell but I've seen landscape designer making 300k in a good economy.
What is the salary of an author?
Depend when the book release and how many people buy during the year,every book have a level in price some are cheap and other arent. An author make in a year 300k
How much do free beer and hot wings make salary?
300k each a year
How much do software salesman make?
150k to 300k (good year over quota )
How much money does a internest Dr make?
They make well over 300k with a good five years of experience.
How much does a sports manager make per year?
For being a sports manager, you can make at least 300k a year!
What do sport managers do?
they make over 300k a year and they handle their teams salary and many more.
How much can you make being VP of Sales and Marketing for a large hotel chain?
$180k - $300k.
How much does a volleyball team make per year?
Usually 75 to 300k depending on talent.
How much do professional volleyball players make a year?
Usually 75 to 300k depending on talent.
What field in a Real Estate would allow you to make more money?
to buy a house at low price and sell it at high price after some time ; thus you can make more money .
