HomeFAQHow much income do I need to buy a $600,000 home?
Affordability & Income

How much income do I need to buy a $600,000 home?

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

Buying a $600,000 Florida home generally takes household income around $140,000 to $165,000, assuming limited other debt and a moderate down payment.

At current rates the payment with taxes and insurance often runs $4,000 to $4,500 a month. We'll factor your credit, down payment, and county costs to set the real income figure.

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