Uploaded March 2025 | Updated September 2026, 59 minutes ago
Want to know how much house you can actually afford? In this video, I break down the real numbers using my home affordability calculatorโhelping you determine what fits your budget based on net income, mortgage rates, property taxes, utilities, and more!
Many people rely on common rules of thumb like the 28/36 rule or the 2.5x-3x income rule, but if you want an accurate answer, you need to track your full financial picture. This video walks through my powerful home affordability spreadsheet, showing real-life scenarios so you can see how much home you can afford without becoming house poor.
๐ Topics Covered:
โ Home affordability rules of thumb: 28/36 rule, price-to-income ratio
โ Why net income matters more than gross income
โ Full mortgage breakdown: loan amount, interest rates, down payment, and total cost over 30 years
โ How to factor in property taxes, HOA fees, homeowners insurance, and utilities
โ Why a 30-year mortgage means paying way more in interest vs. a 15-year mortgage
โ Real income scenarios to see what price range fits your budget
๐ Get the Home Affordability Spreadsheet Here:
๐ buymeacoffee.com/whiteboardfinance/e/374674
๐ฌ Drop a comment below: Whatโs your biggest challenge when budgeting for a home?
MY FAVORITE TOOLS & RESOURCES
๐ซ WBFU - My Private Community - lp.whiteboardfinance.com
๐ Get My Home Affordability Spreadsheet - buymeacoffee.com/whiteboardfinance/e/374674
โฟ $5 FREE Bitcoin (River): river.com/whiteboardfinance
๐ Ledger - Store Your Bitcoin The Right Way - whiteboardfinance.com/go/ledger
๐ฐ My FREE Stock Market For Beginners Course - whiteboardfinance.com/go/stocksguide
MY OTHER SOCIALS:
๐ฆ X - twitter.com/whiteboardfin
๐ธ Instagram - instagram.com/whiteboardfinance
ABOUT ME ๐
My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos are a reflection of my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur.
This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort in every video that I make. I also believe in complete transparency and open communication with my audience.
Subscribe if you are interested in:
#Investing
#PersonalFinance
#Entrepreneurship
#StockMarket
DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.
Want to know how much house you can actually afford? In this video, I break down the real numbers using my home affordability calculatorโhelping you determine what fits your budget based on net income, mortgage rates, property taxes, utilities, and more!
Many people rely on common rules of thumb like the 28/36 rule or the 2.5x-3x income rule, but if you want an accurate answer, you need to track your full financial picture. This video walks through my powerful home affordability spreadsheet, showing real-life scenarios so you can see how much home you can afford without becoming house poor.
๐ Topics Covered:
โ Home affordability rules of thumb: 28/36 rule, price-to-income ratio
โ Why net income matters more than gross income
โ Full mortgage breakdown: loan amount, interest rates, down payment, and total cost over 30 years
โ How to factor in property taxes, HOA fees, homeowners insurance, and utilities
โ Why a 30-year mortgage means paying way more in interest vs. a 15-year mortgage
โ Real income scenarios to see what price range fits your budget
๐ Get the Home Affordability Spreadsheet Here:
๐ buymeacoffee.com/whiteboardfinance/e/374674
๐ฌ Drop a comment below: Whatโs your biggest challenge when budgeting for a home?
MY FAVORITE TOOLS & RESOURCES
๐ซ WBFU - My Private Community - lp.whiteboardfinance.com
๐ Get My Home Affordability Spreadsheet - buymeacoffee.com/whiteboardfinance/e/374674
โฟ $5 FREE Bitcoin (River): river.com/whiteboardfinance
๐ Ledger - Store Your Bitcoin The Right Way - whiteboardfinance.com/go/ledger
๐ฐ My FREE Stock Market For Beginners Course - whiteboardfinance.com/go/stocksguide
MY OTHER SOCIALS:
๐ฆ X - twitter.com/whiteboardfin
๐ธ Instagram - instagram.com/whiteboardfinance
ABOUT ME ๐
My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos are a reflection of my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur.
This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort in every video that I make. I also believe in complete transparency and open communication with my audience.
Subscribe if you are interested in:
#Investing
#PersonalFinance
#Entrepreneurship
#StockMarket
DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.
