{"id":103929,"date":"2025-07-25T09:48:00","date_gmt":"2025-07-25T16:48:00","guid":{"rendered":"https:\/\/www.redfin.com\/blog\/?p=103929"},"modified":"2025-07-25T09:49:51","modified_gmt":"2025-07-25T16:49:51","slug":"income-needed-for-700k-mortgage","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/blog\/income-needed-for-700k-mortgage\/","title":{"rendered":"What Is the Income Needed for a $700k House?"},"content":{"rendered":"\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Buying a $700k home is a big milestone but how much do you really need to earn to afford it? While your down payment, credit score, and debt all play a role, the income needed for a $700k mortgage is the biggest factor in determining whether this house fits your budget.<\/span><\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Whether you&#8217;re planning to buy a <\/span><a href=\"https:\/\/www.redfin.com\/city\/15502\/PA\/Philadelphia\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">house in Philadelphia, PA<\/span><\/a><span style=\"font-weight: 400;\"> or <\/span><a href=\"https:\/\/www.redfin.com\/city\/29470\/IL\/Chicago\/filter\/property-type=townhouse\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">a townhome in Chicago, IL<\/span><\/a><span style=\"font-weight: 400;\">, this Redfin guide will walk you through what to expect and how to prepare.<\/span><\/p>\r\n\r\n\r\n\r\n<h2><span style=\"font-weight: 400;\">The short answer<\/span><\/h2>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list has-ast-global-color-4-background-color has-background\">\r\n<li>Most buyers need to earn <strong>$175,000 to $235,000<\/strong> per year to afford a $700,000 home.<\/li>\r\n\r\n\r\n\r\n<li>This assumes average interest rates, a standard loan term, and a modest down payment.<\/li>\r\n\r\n\r\n\r\n<li>Your actual income needs may vary based on your debt, credit score, and monthly expenses.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<h2 id=\"h-what-is-the-income-needed-for-a-700k-house\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">What is the income needed for a $700k house?<\/span><\/h2>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">A good starting point is the 28\/36 rule, a common standard used by mortgage lenders:<\/span><\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li><b>28% rule:<\/b><span style=\"font-weight: 400;\"> Your monthly housing costs (including mortgage, taxes, insurance) should be no more than 28% of your gross monthly income.<\/span><\/li>\r\n\r\n\r\n\r\n<li><b>36% rule:<\/b><span style=\"font-weight: 400;\"> Your total monthly debt (housing + credit cards, auto loans, student loans, etc.) should stay below 36% of your gross income.<\/span><\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">For example, if your estimated monthly housing cost is $4,000, you\u2019d need to earn around $175,000 per year to stay within these limits. That income requirement may be higher if you have additional debt or live in an area with high property taxes or insurance costs.<\/span><\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><b><i>Calculator&gt;&gt; <\/i><\/b><a href=\"https:\/\/www.redfin.com\/how-much-house-can-i-afford\" data-wpel-link=\"exclude\"><b><i>How Much House Can I Afford?<\/i><\/b><\/a><\/p>\r\n\r\n\r\n\r\n<h3 id=\"h-sample-scenario-what-700k-looks-like-in-monthly-costs\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">Sample Scenario: What $700k looks like in monthly costs<\/span><\/h3>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Let\u2019s walk through a basic example.<\/span><\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li><span style=\"font-weight: 400;\">Home price: $700,000<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">Down payment: 20% ($140,000)<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">Loan amount: $630,000<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">Interest rate: 7.00% (30-year fixed)<\/span><\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Estimated monthly mortgage payment (P&amp;I): ~$3,726\/month<\/span><\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Property taxes + homeowners insurance: ~$1,009<\/span><\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><b>Total estimated monthly housing cost:<\/b><span style=\"font-weight: 400;\"> ~$4,735<\/span><\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">In this case, a buyer would likely need to earn around <\/span><b>$203,000<\/b><span style=\"font-weight: 400;\"> annually to qualify comfortably. If they also had $1,000 in other monthly debts (credit cards, car loans, etc.), their required income would likely rise.<\/span><\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Keep in mind that putting down less than 20% often means adding <\/span><a href=\"https:\/\/www.redfin.com\/blog\/what-is-mortgage-insurance\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">private mortgage insurance (PMI),<\/span><\/a><span style=\"font-weight: 400;\"> which bumps up your monthly payment and pushes the required income even higher.<\/span><\/p>\r\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-blog-post wp-image-103934\" src=\"https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2025\/07\/shutterstock_2533391209-945x630.jpg\" alt=\"income needed for $700k mortgage\" width=\"945\" height=\"630\" srcset=\"https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2025\/07\/shutterstock_2533391209-945x630.jpg 945w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2025\/07\/shutterstock_2533391209-300x200.jpg 300w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2025\/07\/shutterstock_2533391209-1024x683.jpg 1024w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2025\/07\/shutterstock_2533391209-768x512.jpg 768w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2025\/07\/shutterstock_2533391209-1536x1024.jpg 1536w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2025\/07\/shutterstock_2533391209-2048x1366.jpg 1799w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2025\/07\/shutterstock_2533391209-225x150.jpg 225w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2025\/07\/shutterstock_2533391209-450x300.jpg 450w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2025\/07\/shutterstock_2533391209-scaled.jpg 1800w\" sizes=\"(max-width: 945px) 100vw, 945px\" \/><\/p>\r\n\r\n\r\n\r\n<h2 id=\"h-factors-that-impact-how-much-house-you-can-afford\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">Factors that impact 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 $700k mortgage isn\u2019t just about your salary. Here are six major factors that influence your affordability:<\/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 lowers your loan amount, reduces your monthly payment, and can help you avoid PMI.<\/span><\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li><span style=\"font-weight: 400;\">20% down avoids PMI and saves on interest<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">10% down means a higher monthly cost<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">3% down may work for first-time buyers but comes with added fees<\/span><\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<h3 id=\"h-2-credit-score\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">2. Credit score<\/span><\/h3>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Higher scores usually unlock better interest rates, which can save you hundreds of dollars each month.<\/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-3-interest-rate\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">3. Interest rate<\/span><\/h3>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Just a 1% difference in your mortgage rate can shift your monthly payment by hundreds. For a loan this size, it matters. For example, on a $700k home with 10% down:<\/span><\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li><span style=\"font-weight: 400;\">At 6.5%, your monthly payment might be $4,400<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">At 7.5%, it could jump to $4,950<\/span><\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">As of June 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%<\/span><\/a><span style=\"font-weight: 400;\">, which is higher than rates seen in prior years.<\/span><\/p>\r\n\r\n\r\n\r\n<h3 id=\"h-4-debt-to-income-ratio-dti\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">4. 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;\">Lenders look closely at how much of your income is already committed to other debts. A lower <\/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;\"> means more borrowing power.<\/span><\/p>\r\n\r\n\r\n\r\n<h3 id=\"h-5-location-based-costs\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">5. Location-based costs<\/span><\/h3>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><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;\"> and insurance vary by region and they\u2019re included in your monthly housing costs.<\/span><\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">For instance, the difference shown in the examples below could add hundreds to your monthly costs:<\/span><\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li><span style=\"font-weight: 400;\">In Westchester County, NY or Cook County, IL, annual property taxes on a $700k home could exceed $10,000<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">In Maricopa County, AZ or Bexar County, TX, you might pay closer to $3,500 to $6,000<\/span><\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<h3 id=\"h-6-ongoing-obligations\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">6. Ongoing obligations<\/span><\/h3>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Child support, alimony, and even <\/span><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;\"> will be factored into your loan eligibility.<\/span><\/p>\r\n\r\n\r\n\r\n<h3 id=\"h-7-financing\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">7. Financing<\/span><\/h3>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">The loan type (whether conventional, FHA, VA, or another loan) you choose affects your rate, down payment, and monthly cost. Many states and cities offer <\/span><a href=\"https:\/\/www.redfin.com\/blog\/down-payment-assistance-programs\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">down payment assistance<\/span><\/a><span style=\"font-weight: 400;\"> or grant programs for first-time or income-qualified buyers, which can help reduce upfront expenses and make a $700k mortgage more attainable.<\/span><\/p>\r\n\r\n\r\n\r\n<h2 id=\"h-what-it-takes-to-afford-a-700k-home-buyer-scenarios\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">What it takes to afford a $700k home: Buyer scenarios<\/span><\/h2>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Let\u2019s compare three different buyer profiles to see how variables like down payment, credit score, and debt affect income requirements:<\/span><\/p>\r\n\r\n\r\n\n<table id=\"tablepress-130\" class=\"tablepress tablepress-id-130\">\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\">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% ($140,000)<\/td><td class=\"column-3\">Excellent (760+)<\/td><td class=\"column-4\">6.75%<\/td><td class=\"column-5\">$300<\/td><td class=\"column-6\">~$4,641<\/td><td class=\"column-7\">~$199,000<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">Typical Buyer<\/td><td class=\"column-2\">10% (70,000)<\/td><td class=\"column-3\">Good (700-740)<\/td><td class=\"column-4\">7.00%<\/td><td class=\"column-5\">$600<\/td><td class=\"column-6\">~$5,594<\/td><td class=\"column-7\">~$240,000<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">Low Down Payment Buyer<\/td><td class=\"column-2\">5% ($35,000)<\/td><td class=\"column-3\">Fair (660\u2013680)<\/td><td class=\"column-4\">7.25%<\/td><td class=\"column-5\">$1000<\/td><td class=\"column-6\">~$5,961 (incl. PMI)<\/td><td class=\"column-7\">~$255,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-130 from cache -->\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">These numbers give you a ballpark idea, but your actual mortgage eligibility will depend on your specific financial picture.<\/span><\/p>\r\n\r\n\r\n\r\n<h2 id=\"h-tips-to-help-you-afford-a-700k-mortgage\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">Tips to help you afford a $700k mortgage<\/span><\/h2>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">If the numbers feel just out of reach, these strategies can improve your odds:<\/span><\/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>Boost your credit score<\/b><\/a><b>:<\/b><span style=\"font-weight: 400;\"> Lower interest rates mean lower payments.<\/span><\/li>\r\n\r\n\r\n\r\n<li><b>Pay down debt:<\/b><span style=\"font-weight: 400;\"> Reducing your DTI expands your loan options.<\/span><\/li>\r\n\r\n\r\n\r\n<li><b>Increase your down payment:<\/b><span style=\"font-weight: 400;\"> Even an extra 5% can make a big difference.<\/span><\/li>\r\n\r\n\r\n\r\n<li><b>Shop around for lenders:<\/b><span style=\"font-weight: 400;\"> Rates, fees, and loan programs vary.<\/span><\/li>\r\n\r\n\r\n\r\n<li><b>Explore down payment assistance:<\/b><span style=\"font-weight: 400;\"> Local programs might help bridge the gap, especially for first-time homebuyers.<\/span><\/li>\r\n\r\n\r\n\r\n<li><b>Add a <\/b><a href=\"https:\/\/www.redfin.com\/blog\/how-many-people-can-be-on-a-mortgage\/\" data-wpel-link=\"exclude\"><b>co-borrower<\/b><\/a><b>:<\/b><span style=\"font-weight: 400;\"> A partner or spouse with income can help you qualify.<\/span><\/li>\r\n\r\n\r\n\r\n<li><b>Work with a <\/b><a href=\"https:\/\/www.redfin.com\/real-estate-agents\" data-wpel-link=\"exclude\"><b>real estate agent<\/b><\/a><b>: <\/b><span style=\"font-weight: 400;\">An agent can help you stay on budget and negotiate better deals.<\/span><\/li>\r\n\r\n\r\n\r\n<li><b>Focus on savings: <\/b><span style=\"font-weight: 400;\">Building up your savings for a larger down payment can lower your monthly costs and make it easier to qualify for a $700k mortgage.<\/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-700k-mortgage-questions-answered\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">FAQs: Your $700k mortgage questions answered<\/span><\/h2>\r\n\r\n\r\n\r\n<h3 id=\"h-1-can-i-afford-a-700k-mortgage-on-150k-income\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">1. Can I afford a $700k mortgage on $150k income?<\/span><\/h3>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Probably not, unless your debts are very low and you have a sizable down payment. Most buyers need closer to $170k-$200k annually.<\/span><\/p>\r\n\r\n\r\n\r\n<h3 id=\"h-2-what-if-my-credit-score-is-under-700\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">2. What if my credit score is under 700?<\/span><\/h3>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">You can still qualify, but you may face higher rates, which will raise your required income.<\/span><\/p>\r\n\r\n\r\n\r\n<h3 id=\"h-3-is-it-better-to-put-10-or-20-down\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">3. Is it better to put 10% or 20% down?<\/span><\/h3>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Putting 20% down avoids PMI and lowers your monthly cost but 10% down may still be a good option if that\u2019s what your budget allows.<\/span><\/p>\r\n\r\n\r\n\r\n<h3 id=\"h-4-should-i-include-hoa-fees-when-calculating-affordability\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">4. Should I include HOA fees when calculating affordability?<\/span><\/h3>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">Absolutely. Lenders factor in HOA fees as part of your total monthly housing expense.<\/span><\/p>\r\n\r\n\r\n\r\n<h3 id=\"h-5-how-can-i-check-how-much-house-i-can-afford\" class=\"wp-block-heading\"><span style=\"font-weight: 400;\">5. How can I check 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 an <\/span><a href=\"http:\/\/v\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">online mortgage calculator<\/span><\/a><span style=\"font-weight: 400;\"> or speak to a lender for a personalized estimate.<\/span><\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">6. Where can I find $700,000 homes?<\/span><span style=\"font-weight: 400;\"><br \/><\/span><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>How much do you need to make to afford a $700k home? See income estimates, examples, and tips to budget for a $700,000 mortgage.<\/p>\n","protected":false},"author":817,"featured_media":103934,"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":[36549,34881,33478],"coauthors":[36451],"class_list":["post-103929","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buying-a-home","tag-buying-faqs","tag-first-time-home-buyer","tag-homebuying"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v28.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What Is the Income Needed for a $700k Mortgage? | Redfin<\/title>\n<meta name=\"description\" content=\"How much do you need to make to afford a $700k home? 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