Million Dollar

How much would I have to make a year to own a million dollar home?

Or a two million dollar home. I know dumb question,I am just curious,
So what income must I make. Please estimate. Like 400,000 a year or what?

The rule of thumb is that your loan amount should be 3 times your gross yearly salary. Thus if your bought a million dollar home and put down 20% ($200k) you would need to make about $266,666.

yahoo has a a great calculator for this (see link)

Whitney Houston – Million Dollar Bill

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