How Much Do I Need to Make to Buy a $400k House?

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Financial Freedom 101

Financial Freedom 101

13 күн бұрын

What does it cost to buy a home today? What income do I need to buy a $400,000 house today? How Much Do I Need to Make to Buy a $400k House? What will happen when interest rates drop to 7%, 6%, 5%, or change?
Disclaimer and safe Harbor statement:
Topics discussed may include predictions, estimates or other information that might be considered forward-looking and results are not guaranteed. Prior performance does not guarantee future performance. This is not individual investment, legal, or tax advice. Investments carry risk and can lose value. Make sure to complete your own due diligence and work with licensed investment, tax, and accountant professionals when making financial decisions. Topics discussed and opinions provided do not represent any current or past employers of Financial Freedom 101 staff and are given as personal opinions. Financial Freedom 101 is not responsible for any of the financial decisions that you make. Financial Freedom 101 typically has investments including, but not limited to positions in diversified ETFs and mutual funds such as SPY, VOO, SWPPX, FXAIX and others which may contain holdings in the companies discussed. The content of this video is for entertainment purposes only.

Пікірлер: 6
@OhMyMemories
@OhMyMemories 9 күн бұрын
we make about 130k together, we just bought a 300k house, we put down 80k, 15-year at 6.3%, our payments are 2300$ a month, we have both our cars paid off. we have done 20k in renovations.
@davidfolts5893
@davidfolts5893 11 күн бұрын
Awesome analysis. Your vids are great, well thought out, and well illustrated using the whiteboard. I hope more people become aware of your channel!!
@kelvinrojas215
@kelvinrojas215 11 күн бұрын
Thank you
@ELconomics
@ELconomics 11 күн бұрын
FHA is mip (mortgage insurance premium) .... conventional conforming loans has PMI (private mortgage insurance)
@ELconomics
@ELconomics 11 күн бұрын
Great breakdown though Sir
@truh_von_tay
@truh_von_tay 11 күн бұрын
First. 😂
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