{"id":103570,"date":"2025-07-16T09:42:04","date_gmt":"2025-07-16T16:42:04","guid":{"rendered":"https:\/\/www.redfin.com\/blog\/?p=103570"},"modified":"2025-07-31T12:30:38","modified_gmt":"2025-07-31T19:30:38","slug":"income-needed-for-300k-mortgage","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/blog\/income-needed-for-300k-mortgage\/","title":{"rendered":"What Is the Income Needed for a $300k House?"},"content":{"rendered":"\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">If a $300,000 home feels like your target price, you&#8217;re likely asking: what&#8217;s the income needed for a $300k mortgage? Well that depends not just on your salary, but factors like your down payment, DTI, credit score, and even your location.<\/span><\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Whether you&#8217;re shopping for a <\/span><a href=\"https:\/\/www.redfin.com\/city\/3105\/NC\/Charlotte\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">home in Charlotte, NC<\/span><\/a><span style=\"font-weight: 400;\"> or a <\/span><a href=\"https:\/\/www.redfin.com\/city\/10943\/MN\/Minneapolis\/filter\/property-type=townhouse\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">townhouse in Minneapolis, MN<\/span><\/a><span style=\"font-weight: 400;\">, understanding how these numbers work together is key to knowing what you can comfortably afford. In this Redfin guide, we\u2019ll break down the numbers, factors, and tips to help you buy a $300,000 home that works for your budget.<\/span><\/p>\r\n\r\n\r\n\r\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\r\n<ul class=\"wp-block-list\">\r\n<li>Most buyers need to earn <strong>$75,000 to $95,000<\/strong> per year to afford a $300,000 home.<\/li>\r\n\r\n\r\n\r\n<li>This estimate is based on a typical 30-year fixed mortgage, average interest rates, and a moderate down payment.<\/li>\r\n\r\n\r\n\r\n<li>Your actual income needs may vary based on your debt, credit score, down payment, and local taxes.<\/li>\r\n<\/ul>\r\n<\/blockquote>\r\n\r\n\r\n\r\n<h2 id=\"h-what-is-the-income-needed-for-a-300k-house\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">What is the income needed for a $300k house?<\/span><\/h2>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Most lenders follow a guideline that your monthly housing expenses should fall between <\/span><b>28% and 31%<\/b><span style=\"font-weight: 400;\"> of your gross monthly income. These expenses include:<\/span><\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li><span style=\"font-weight: 400;\">Principal and interest on the loan<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">Property taxes<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">Homeowners insurance<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">Private mortgage insurance (PMI), if your down payment is under 20%<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">HOA fees, if applicable<\/span><\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">To estimate how much income you\u2019ll need for a $300,000 home, factor your down payment size, mortgage rate, credit score, debt-to-income (DTI) ratio, and local property taxes and insurance rates.<\/span><\/p>\r\n\r\n\r\n\r\n<h3 id=\"h-example-scenario\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">Example scenario<\/span><\/h3>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Let\u2019s assume the following:<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">Let\u2019s assume the following:<\/span><\/p>\r\n<ul>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Home price:<\/b><span style=\"font-weight: 400;\"> $300,000<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Down payment:<\/b><span style=\"font-weight: 400;\"> 20% ($60,000)<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Loan: <\/b><span style=\"font-weight: 400;\">$240,000 with a 30-year term at 7.0% interest<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Monthly costs:<\/b><span style=\"font-weight: 400;\"> ~$2,029 (includes mortgage, taxes, insurance)<\/span><\/li>\r\n<\/ul>\r\n<p><b>Your total estimated monthly housing costs could be around 2,029, which includes:<\/b><\/p>\r\n<ul>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Mortgage payment (principal + interest):<\/b><span style=\"font-weight: 400;\"> ~$1,597<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Taxes: <\/b><span style=\"font-weight: 400;\">~$298<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b style=\"font-style: inherit;\">Insurance: <\/b><span style=\"font-weight: 400;\">~$135<\/span><\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">To stay within lender-recommended limits, you\u2019d likely need to earn at least<\/span><b> $87,000<\/b><span style=\"font-weight: 400;\"> per year.\u00a0<\/span><\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Keep in mind that smaller down payments will increase the loan amount and likely add <\/span><a href=\"https:\/\/www.redfin.com\/blog\/what-is-mortgage-insurance\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">private mortgage insurance<\/span><\/a><span style=\"font-weight: 400;\"> (PMI), raising your monthly costs and requiring a higher income to qualify.<\/span><\/p>\r\n\r\n\r\n\r\n<h2 id=\"h-key-factors-that-affect-how-much-house-you-can-afford\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">Key factors that affect how much house you can afford<\/span><\/h2>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">The income needed for a $300k mortgage depends on several personal and market-related factors. Here are the most important:<\/span><\/p>\r\n\r\n\r\n\r\n<h3 id=\"h-1-down-payment\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">1. Down payment<\/span><\/h3>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">A larger down payment reduces the loan size and monthly payment and helps you avoid PMI if you hit the 20% threshold. Even with 10% down, you\u2019ll lower your costs, but expect PMI to apply.<\/span><\/p>\r\n\r\n\r\n\r\n<h3 id=\"h-2-debt-to-income-ratio-dti\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">2. Debt-to-income ratio (DTI)<\/span><\/h3>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Your <\/span><a href=\"https:\/\/www.redfin.com\/guides\/buy\/calculate-debt-to-income-ratio\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">debt-to-income ratio (DTI)<\/span><\/a><span style=\"font-weight: 400;\"> compares your total monthly debt payments to your gross monthly income. Most lenders cap DTI at <\/span><b>43%<\/b><span style=\"font-weight: 400;\">, but many prefer applicants below <\/span><b>36% <\/b><span style=\"font-weight: 400;\">for stronger loan offers.<\/span><\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Even a high income may not help if your monthly debt obligations are too large.<\/span><\/p>\r\n\r\n\r\n\r\n<h3 id=\"h-3-interest-rates\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">3. Interest rates<\/span><\/h3>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Mortgage interest rates have a direct impact on affordability. A 1% increase can easily add $150\u2013$200 to your monthly bill.\u00a0<\/span><\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">For example, on a $300,000 home with 20% down, a 6% rate means about $1,800\/month, while 7% bumps it to $1,987; a $190 increase which requires more income.\u00a0<\/span><\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">As of July 2025, the average <\/span><a href=\"https:\/\/www.redfin.com\/todays-mortgage-rates\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">30-year fixed rate is around 7.4%<\/span><\/a><span style=\"font-weight: 400;\">, which is higher than rates seen in prior years.\u00a0<\/span><\/p>\r\n\r\n\r\n\r\n<h3 id=\"h-4-credit-score\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">4. Credit score<\/span><\/h3>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Higher credit scores qualify for lower rates and better loan terms. A score of <\/span><b>740+<\/b><span style=\"font-weight: 400;\"> is considered excellent and can help cut down monthly payments.\u00a0<\/span><\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Lower scores might still be approved but often come with higher rates and mandatory PMI.<\/span><\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><b><i>Read&gt;&gt; <\/i><\/b><a href=\"https:\/\/www.redfin.com\/guides\/how-to-buy-a-house-with-bad-credit\" data-wpel-link=\"exclude\"><b><i>How To Buy A House With Bad Credit<\/i><\/b><\/a><\/p>\r\n\r\n\r\n\r\n<h3 id=\"h-5-location-and-property-taxes\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">5. Location and property taxes<\/span><\/h3>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Taxes vary significantly based on where you buy.<\/span><\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">For instance, a home in New Jersey could come with over $7,000\/year in <\/span><a href=\"https:\/\/www.redfin.com\/blog\/how-do-property-taxes-work\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">property taxes<\/span><\/a><span style=\"font-weight: 400;\">, while the same priced home in Colorado might carry only $2,500 in property taxes.\u00a0<\/span><\/p>\r\n\r\n\r\n\r\n<h3 id=\"h-6-other-financial-obligations\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">6. Other financial obligations<\/span><\/h3>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Lenders consider all recurring monthly obligations in your DTI; including car payments, student loans, child support, and credit card minimums.\u00a0<\/span><\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.redfin.com\/blog\/what-is-an-hoa\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">HOA fees<\/span><\/a><span style=\"font-weight: 400;\"> are also counted toward your housing cost, and they vary widely depending on property type and location.<\/span><\/p>\r\n\r\n\r\n\r\n<h2 id=\"h-what-it-takes-to-afford-a-300-000-home-buyer-profiles-compared\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">What it takes to afford a $300,000 home: Buyer profiles compared<\/span><\/h2>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Here\u2019s a snapshot of how different buyer scenarios affect monthly payments, income needs, and debt loads.<\/span><\/p>\r\n\r\n\r\n\n<table id=\"tablepress-126\" class=\"tablepress tablepress-id-126\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\">Buyer Profile<\/th><th class=\"column-2\">Down Payment<\/th><th class=\"column-3\">Credit Score<\/th><th class=\"column-4\">Interest Rate<\/th><th class=\"column-5\">Debt<\/th><th class=\"column-6\">Monthly Payment (PITI)<\/th><th class=\"column-7\">Estimated Income<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">Conservative Buyer<\/td><td class=\"column-2\">20% ($60,000)<\/td><td class=\"column-3\">Excellent (760+)<\/td><td class=\"column-4\">6.50%<\/td><td class=\"column-5\">~500<\/td><td class=\"column-6\">~$1,949<\/td><td class=\"column-7\">~$84,000<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">Typical Buyer<\/td><td class=\"column-2\">10% ($30,000)<\/td><td class=\"column-3\">Good (700\u2013740)<\/td><td class=\"column-4\">6.75%<\/td><td class=\"column-5\">~750<\/td><td class=\"column-6\">~$2,352<\/td><td class=\"column-7\">~$101,000<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">Low Down Payment Buyer<\/td><td class=\"column-2\">3.5% ($10,500)<\/td><td class=\"column-3\">Fair (660\u2013680)<\/td><td class=\"column-4\">7.00%<\/td><td class=\"column-5\">~900<\/td><td class=\"column-6\">~$2,550 (incl. PMI)<\/td><td class=\"column-7\">~$110,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-126 from cache -->\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><b>Note:<\/b><span style=\"font-weight: 400;\"> These figures are estimates. Talking to a mortgage lender early on can help you calculate your affordability based on your financial situation and may even unlock better rates or down payment assistance programs.<\/span><\/p>\r\n\r\n\r\n\r\n<h2 id=\"h-tips-to-help-you-afford-a-300k-mortgage\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">Tips to help you afford a $300k mortgage<\/span><\/h2>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">If you\u2019re feeling like you\u2019re just outside of qualifying, a few smart financial moves could make all the difference. Here are some ways to increase your buying power and make monthly payments more manageable:<\/span><b><\/b><\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li><a href=\"https:\/\/www.redfin.com\/blog\/how-to-improve-your-credit-score-to-buy-a-house\/\" data-wpel-link=\"exclude\"><b>Improve your credit score<\/b><\/a><b>:<\/b><span style=\"font-weight: 400;\"> Paying bills on time, reducing credit card balances, and avoiding new debt can increase your score and help you qualify for better mortgage terms.<\/span><\/li>\r\n\r\n\r\n\r\n<li><b>Reduce your debts:<\/b><span style=\"font-weight: 400;\"> Focus on paying off smaller balances or high-interest loans to improve your DTI.<\/span><\/li>\r\n\r\n\r\n\r\n<li><b>Get rate quotes from several lenders: <\/b><span style=\"font-weight: 400;\">Rates and fees can vary widely. Shopping around gives you a clearer picture of what you can afford.<\/span><\/li>\r\n\r\n\r\n\r\n<li><b>Apply with a co-borrower:<\/b><span style=\"font-weight: 400;\"> A partner or family member with steady income and strong credit can increase your loan eligibility.<\/span><\/li>\r\n\r\n\r\n\r\n<li><b>Explore homebuyer assistance programs:<\/b><span style=\"font-weight: 400;\"> Some state and local governments offer grants or favorable loan terms for <\/span><a href=\"https:\/\/www.redfin.com\/guides\/first-time-home-buyer-programs\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">first-time home buyers<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\r\n\r\n\r\n\r\n<li><b>Get pre-approved early:<\/b><span style=\"font-weight: 400;\"> This gives you a firm budget and helps you act fast when the right home hits the market.<\/span><\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><b><i>Read&gt;&gt; <\/i><\/b><a href=\"https:\/\/www.redfin.com\/blog\/what-you-need-to-buy-a-house\/\" data-wpel-link=\"exclude\"><b><i>What You Need to Buy a House in 2025<\/i><\/b><\/a><\/p>\r\n\r\n\r\n\r\n<h2 id=\"h-faqs-your-300k-mortgage-questions-answered\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">FAQs: Your $300k mortgage questions answered<\/span><\/h2>\r\n\r\n\r\n\r\n<h3 id=\"h-1-what-if-my-dti-is-43\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">1. What if my DTI is 43%?<\/span><\/h3>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">You\u2019re still within the max allowable range for many lenders, including FHA loans. However, reducing debt before applying may help you qualify for better rates and terms.<\/span><\/p>\r\n\r\n\r\n\r\n<h3 id=\"h-2-how-can-i-calculate-how-much-house-i-can-afford\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">2. How can I calculate how much house I can afford?<\/span><\/h3>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Use the 28\/36 rule: aim for housing costs under 28% of your gross income and total debts under 36%. Try using a <\/span><a href=\"https:\/\/www.redfin.com\/mortgage-calculator\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">mortgage calculator<\/span><\/a><span style=\"font-weight: 400;\"> for a custom estimate.<\/span><\/p>\r\n\r\n\r\n\r\n<h3 id=\"h-3-should-i-include-hoa-fees-in-affordability-estimates\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">3. Should I include HOA fees in affordability estimates?<\/span><\/h3>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Yes. HOA dues are considered part of your total housing expense and are included in the DTI calculation by most lenders.<\/span><\/p>\r\n\r\n\r\n\r\n<h3 id=\"h-4-how-does-a-5-down-payment-change-things\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">4. How does a 5% down payment change things?<\/span><\/h3>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Your monthly mortgage payment will be higher and you&#8217;ll likely need to pay PMI. This increases your required income to qualify.<\/span><\/p>\r\n\r\n\r\n\r\n<h3 id=\"h-5-where-can-i-find-300-000-homes\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">5. Where can I find $300,000 homes?<\/span><\/h3>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Use <\/span><a href=\"http:\/\/redfin.com\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">Redfin\u2019s home search tool<\/span><\/a><span style=\"font-weight: 400;\"> to explore listings in your target area. You can set price filters, view tax estimates, and get alerts for new listings or price drops.<\/span><\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>See what it takes to afford a $300k mortgage in 2025, including income estimates, example costs, and key factors that impact affordability.<\/p>\n","protected":false},"author":817,"featured_media":103586,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[34276],"tags":[34529,33478],"coauthors":[36451],"class_list":["post-103570","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buying-a-home","tag-buying-faq","tag-homebuying"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What is the Income Needed for a $300k Mortgage? 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