Asked By: Michael Parker Date: created: May 21 2022

Where can I live for $1000 a month

Answered By: Isaac Parker Date: created: May 22 2022

Guy who’s been to 135 countries shares 9 where you can live well for $1000 a monthBruce Northam is what you might call well-traveled.

Bolivia.

Fiji.

Grenada.

Laos.

Montenegro.

Nepal.

Nicaragua.More items…•Apr 6, 2017.

Asked By: Clifford Turner Date: created: Mar 04 2022

Can I buy a house making 20 an hour

Answered By: Brian Moore Date: created: Mar 05 2022

Can I buy a house making $20 an hour? Sure! Assuming you work 40 hours a week, your gross monthly income is $3,500. That’s the figure lenders will use to decide how much loan you can qualify for.

Asked By: Jake White Date: created: Jan 09 2022

Can you live on 500 a month

Answered By: John Torres Date: created: Jan 12 2022

It is impossible to live on $500 a month in the U.S. the way we are accustomed to living. Forget about renting a house or apartment. Even if you had a roommate in a 1-bedroom apartment, you’d each pay $385 on average. That, together with an average $71 cellphone plan, and you only have $44 left for food.

Asked By: Gavin Griffin Date: created: Aug 05 2022

Can you live in LA on 40000 a year

Answered By: Miguel Collins Date: created: Aug 06 2022

As others have said, you can live in LA on 40k a year. Plenty of people do. It will definitely help if you move to the right area and get some friendly roommates.

Asked By: Cole Green Date: created: Sep 16 2021

How much house can I afford on $60 000 a year

Answered By: Charles Davis Date: created: Sep 16 2021

The usual rule of thumb is that you can afford a mortgage two to 2.5 times your annual income. That’s a $120,000 to $150,000 mortgage at $60,000.

Asked By: Jeremiah Patterson Date: created: Jun 11 2022

How much is 600 a month mortgage

Answered By: Nathaniel Torres Date: created: Jun 11 2022

Amortization schedule table: $ 600 30 Year loan at 5 percent. 3.22 per month….$600 Mortgage Loan Monthly Payments Calculator.Monthly Payment$2.95Total Interest Paid$462.59Total Paid$1,062.59

Asked By: Sean Stewart Date: created: Jul 20 2021

How much do you have to make a year to afford a $500000 house

Answered By: Bruce Russell Date: created: Jul 22 2021

How much do you need to make to be able to afford a house that costs $500,000? To afford a house that costs $500,000 with a down payment of $100,000, you’d need to earn $74,607 per year before tax. The monthly mortgage payment would be $1,741. Salary needed for 500,000 dollar mortgage.

Asked By: Antonio Brooks Date: created: May 26 2021

Can I buy a house making 12 dollars an hour

Answered By: Carlos Foster Date: created: May 28 2021

Let’s assume that you’re making $12 an hour which is about $1,600 net income. You should spend no more than $500 a month on rent or a mortgage payment. So, if you can save $8,000 to put down (and you can with 3 years of tax returns), you would be able to buy a house worth $70,000 with 4.5% interest.

Asked By: David Long Date: created: Jan 19 2022

Can I buy a house making 40k a year

Answered By: Colin Smith Date: created: Jan 19 2022

Take a homebuyer who makes $40,000 a year. The maximum amount for monthly mortgage-related payments at 28% of gross income is $933. … Furthermore, the lender says the total debt payments each month should not exceed 36%, which comes to $1,200.

Asked By: Jesse Green Date: created: Aug 28 2022

Can I buy a house with 70k salary

Answered By: Eric Thompson Date: created: Aug 31 2022

According to Brown, you should spend between 28% to 36% of your take-home income on your housing payment. If you make $70,000 a year, your monthly take-home pay, including tax deductions, will be approximately $4,328.

Asked By: Evan Davis Date: created: Apr 20 2022

Can I get a mortgage 5 times my salary

Answered By: Brian Thomas Date: created: Apr 22 2022

Can I get a mortgage for 5 times salary? Yes. While it’s true that most mortgage lenders cap the amount you can borrow based on 4.5 times your income, there are a smaller number of mortgage providers out there who are willing to stretch to five times your salary.

Asked By: Gabriel Stewart Date: created: Jun 28 2021

Is $14 hr a good wage

Answered By: Miguel Williams Date: created: Jun 30 2021

The real answer is as little as you can. If you are asking how much a person making $14 per hour can safely afford, that is about $600 per month, assuming utilities either included or a small amount. As a general rule, financially successful people keep the expense of a roof over their head below 1/4 of their income.

Asked By: Oswald James Date: created: Dec 29 2021

What state pays you to move there

Answered By: Adrian Parker Date: created: Jan 01 2022

Alaska. Moving outside the lower 48 might be a big ask, which is why the state is offering a $1,600 incentive through The Permanent Fund Dividend. The catch is that you have to stay a year, but once you get there and reap the benefits of no state tax and the outdoors, you might be inclined to stay.

Asked By: Reginald Scott Date: created: Jul 01 2022

Is $15 an hour a livable wage

Answered By: Ryan Cox Date: created: Jul 03 2022

A $15 hourly pay scale would more than double the current $7.25 federal minimum wage. It still wouldn’t offer a living wage to low-paid single adults and families in many areas, according to a CNBC analysis of state cost-of-living data.

Asked By: Morgan Parker Date: created: Sep 16 2021

How much do you need to make an hour to afford a house

Answered By: Lewis Green Date: created: Sep 17 2021

Californians need a hourly full-time wage of $32.68 to afford a two-bedroom rental home, according to the report published June 13. This figure makes California the second most expensive state, right behind Hawaii at $36.13 an hour.

Asked By: Bryan Turner Date: created: Sep 04 2022

What is the 28 36 rule

Answered By: Chase White Date: created: Sep 07 2022

The 28/36 rule refers how much debt you can have and still be approved for a conforming mortgage. Lenders prefer you spend 28% or less of your gross monthly income on housing expenses. Ideally, you’d spend 36% or less of your gross monthly income on all debts, but there are exceptions.

Asked By: Reginald Howard Date: created: Jan 30 2022

Can I afford a house on minimum wage

Answered By: Jose Howard Date: created: Jan 31 2022

Full-time minimum wage workers cannot afford a two-bedroom rental anywhere in the U.S. and cannot afford a one-bedroom rental in 95% of U.S. counties, according to the National Low Income Housing Coalition’s annual “Out of Reach” report.

Asked By: Hunter Russell Date: created: Jul 28 2022

Can you live off 600 a month

Answered By: Norman Jones Date: created: Jul 30 2022

$600 is way more than enough to live off of. Cut your expenses. Don’t use your credit card unless you have that amount of money to cover your bill each month. … So, just sit down, write down all your bills, all your expenses, find out exactly what your money is being spent on, and cut out those unnecessary expenses.

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