Can you Actually Afford a $400,000 Home?

Today we'll break down how much it takes to afford a $400,000 home without becoming house poor. With interest rates nearing 8% I hope this video gives you a good idea of how much it costs.
here are the links:
Home Insurance:
www.insurance.com/average-hom...
Mortgage Calculator:
www.bankrate.com/mortgages/mo...
PMI: myhome.freddiemac.com/resourc...
Average Home Price:
www.fool.com/the-ascent/resea...
10 Super Cute, Affordable U.S. Small towns with Great Quality of Life: • 10 Super Cute, Afforda...
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calendly.com/caryn01/buyer-se...
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Caryn Krooth Gardiner
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Videos are for educational and entertainment use only. We have taken reasonable steps to check that the information in this video is accurate but we cannot represent that it is free from errors.

[@yanni_]

To afford an average home you would need $70k after taxes and even with that you would be house poor absolutely insane. This was very informative thanks!

[@CarynGardiner]

You’re welcome!

[@gudetama114]

Wow, housing is indeed scarily unaffordable. I would love to see a video breaking down how much is needed to afford a home in MoCo!

[@jaminxc143]

Great insight. Your videos are so informative and helpful. Thank you!

[@CarynGardiner]

Thank you!

[@artnatureinspiration]

Thank you Caryn! That was very informative

[@CarynGardiner]

You’re very welcome!

[@Jelliott424]

Man as a person considering getting a new home sounds like I should just stay in my current one

[@racardobrown5863]

This is sooooo depressing watching these numbers sigh

[@CarynGardiner]

I’m sorry 😢

[@racardobrown5863]

this is crazy

[@Jake-pf4kv]

Biggest Housing Bubble in 50 years!!!!!!!!!!

[@flea4061]

400k? Where's that at? Try 750k.

[@CarynGardiner]

You’re not wrong

[@adollylawson2370]

Let me stay in my $1,100 apartment 😂