ilmscore | Home Buying Affordability Predictions
Hom

Home Buying Affordability

Topic
N/A
Accuracy

Recent Predictions

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Unrated: 0
Prediction
Author
Predicted at
Status
Video
With a $5,000 monthly income, housing costs should be capped at $1,400, allowing for a $25,000 home purchase with 20% down and a 7% interest rate.
"if you make $5,000 a month your housing cost should not exceed $1,400 which is enough to afford a ho..."
Graham Stephan Graham Stephan
Feb 12, 2025
Pending
How Much Home You Ca...
An annual income of $72,000 limits monthly housing payments to $1,800, affording a home around $260,000 based on the 30% rule.
"under this formula if you make $72,000 a year your monthly payment would be limited to $1,800 a mont..."
Graham Stephan Graham Stephan
Feb 12, 2025
Pending
How Much Home You Ca...
An annual income of $150,000 supports affording a home in the $550,000 price range.
"if you make $150,000 a year you could afford something in the $550,000 range"
Graham Stephan Graham Stephan
Feb 12, 2025
Pending
How Much Home You Ca...
An annual income of $300,000 makes a $1.1 million home purchase comfortable.
"at $300,000 a year you could comfortably afford a $1.1 million house"
Graham Stephan Graham Stephan
Feb 12, 2025
Pending
How Much Home You Ca...
It is crucial to ensure one can afford a house before purchasing it.
"just make sure you can afford it"
Minority Mindset Minority Mindse...
Nov 26, 2024
Pending
The Housing Market J...
The US housing market is currently one of the least affordable, requiring a 55% income jump to make home buying affordable.
"the US housing market has gotten so expensive that incomes would have to jump 55% to make buying a h..."
Minority Mindset Minority Mindse...
Nov 15, 2023
Pending
Before You Pay Down ...