What is the cost of housing in your area?

@Interstellar_1@pawb.social · edit-2 2Y

Scew · 2Y

1/5th of my annual income with a degree and 6 years degree related experience. It’d be less if I could save up a down payment and get a mortgage.

@Takumidesh@lemmy.world · 2Y

A house is 1/5th of your annual income and you can’t save up a down payment?

A 20% down payment for you is only 2 weeks of your salary.

You could save income of about 6 hours worth of work each week to have a 20% down payment in a year

With an FHA loan, a down payment is 0.6% of your annual income.