162 - How Much Home Can You Afford With Your Salary?

“Hey David, I make more money now. What kind of house can I buy on my new salary?” - A Lot of First-time Home Buyers “There’s an equation for that!” - David Sidoni, #1 First-time Home Buyer Advocate & Data Chart Enthusiast Yes, it’s true. There is indeed an equation that can help you determine how much home you can afford based on how much you make. David will spill all the tea in this episode… but you HAVE to promise to listen to the whole podcast. He’s not kidding. There’s more to the numbers than meets the ears. David made all of his calculations based on very rounded, very average numbers. Know that interest rates, home prices, and the overall market will ALWAYS change. Always. You can’t just walk away with the numbers from this equation and assume you’ve got it all together. Instead, take this equation, get a ballpark estimate, and then get in touch with a highly qualified real estate agent and allow them to help guide you the rest of the way. Connect with me to find a trusted realtor in your area or to answer your burning questions!Subscribe to our YouTube Channel @HowToBuyaHomeInstagram @HowtoBuyAHomePodcastTik Tok @HowToBuyAHomeThis podcast was created for YOU - to cut through the confusion and empower you to buy your first home. Let's change how the real estate industry treats first-timers, one buyer at a time- starting with YOU!Visit our Resource Center to "Ask David" AND get your FREE Home Buying Starter Kit!David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with over 18 years of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer. Subscribe for regular market updates, and leave a review to help us reach more people. Ready for an honest, informed home-buying experience? Viva la Unicorn Revolution - join us!