One of the most common questions I get from homebuyers is: “How much money do I need to make to afford a house?” More specifically: How much income do I need to buy a $300,000 house? A $400,000 house? What about $500,000? I wish there were one simple answer, but mortgage qualifying doesn't work that way. Two people can make the exact same salary and qualify for completely different purchase prices. Why? Because your income is only one part of the equation. Your debts, down pa