How Much House Can You Afford on $80K a Year?

Update: 2024-12-08

Description

In this episode, Kris Krohn breaks down how much house you can afford based on your income, using the 28/36 rule to help guide your decisions. He explains how much of your monthly income should go toward housing and total debt to avoid becoming "house poor," especially in today’s real estate market. Kris also discusses how recent interest rate changes impact affordability and why investing in real estate may offer better financial opportunities than buying a primary home.

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