Affordability & Income
How much income do I need to buy a $300,000 home?
Answered by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker
A $300,000 Florida home generally calls for household income around $70,000 to $85,000, assuming modest debt and a small down payment. The exact number moves with your DTI and the county's taxes and insurance.
At current rates the full payment often runs $2,100 to $2,400 a month including taxes and insurance. We'll calculate the precise income you need given your credit and down payment.
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