A few days ago CNBC had an analysis where they put out what salary you needed in order to afford a home in 20 cities. Their basic criteria is how big of a salary you needed if you put down 10% or 20%, 4% 30 year mortgage with a 45% debt to income ratio. For example, to afford a median priced home in San Antonio (140k) with 10% down you need a salary of 23k and 20% down you would...
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