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5 Ways to Calculate How Much House You Can Afford – 5 Ways to Calculate How Much House You Can Afford.. Too many people buy huge expensive homes while living on a tiny income. I bought a house for $350k, and I make more than $100k a year.
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Living well / saving money on $45,000 a year. (pre-tax. – This means at the income of $36,000 a year, your total annual savings will be essentially $10,000.. $50 a month isn't much for clothing, but it is more than livable.. Now you can increase your savings rate by making further cuts.. So I' m hoping I'll still be able to save about $400/month for a house.
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