What Income Do I Need To Buy A 400K House? [Solved]
Howdy, iam Jacqueline Berry, Don’t work too hard. What Income Do I Need To Buy A 400K House? [Solved] What income is required for a 400k mortgage? To afford a $400,000 house, borrowers need $55,600 in cash to put 10 percent down. With a 30-year mortgage, your monthly income should be at least $8200 and your monthly payments on existing debt should not exceed $981. (This is an estimated example.)...