HomeFAQHow much do I need to make to afford a $250,000 home?
Affordability & Income

How much do I need to make to afford a $250,000 home?

Answered by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker

A $250,000 Florida home typically requires household income around $60,000 to $72,000, depending on your debts and down payment. It's one of the more attainable price points in much of the state.

The full payment usually runs $1,800 to $2,050 a month with taxes and insurance. Down payment assistance can shrink the cash you need up front. We'll confirm the income that qualifies you.

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