How Much Do I Need to Make to Afford a $1 Million Home

📞 Schedule a time to meet with Bill here: https://calendly.com/blitton/ 📲 Text "LEND" to 21000 to schedule a free 15–minute consultation With home prices climbing, the once-rare million-dollar home is now surprisingly common in many markets. But what does it really take to afford one? In this episode, Bill breaks down the difference between what you can qualify for versus what you can truly afford, and other key factors to take into consideration when shopping for a $1 million home.  Here's what we discuss in this episode: 💰 Qualifying for a mortgage is not the same as being able to afford it 📊 Retirement savings shouldn't get sacrificed for a larger mortgage 🏡 Why million-dollar homes are becoming more common in today's market 📉 How your down payment size impacts monthly payments and loan terms   CONTACT: Schedule a time to meet with Bill here: https://calendly.com/blitton/ Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: https://smartmortgageshow.com/ Call: 484-352-4151. Check us out on YouTube: https://bit.ly/3KbUxAF