
What income do I need to afford a $550K house?
Many factors impact how much you can afford to spend on a house.
Mia Taylor is a contributor to Bankrate and an award-winning journalist who has two decades of experience. She has worked as a staff reporter or contributor for some of the nation's leading newspapers and websites including The Atlanta Journal-Constitution, the San Diego Union-Tribune, TheStreet, MSN and Credit.com.
Many factors impact how much you can afford to spend on a house.
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The Albuquerque market is robust, with rising prices and plenty of competition.
This midwestern hub has remarkably affordable home prices.
The term typically means you are spending too much on housing costs.