📞 Schedule a time to meet with Bill here: https://calendly.com/blitton/ 📲 Text "LEND" to 21000 to schedule a free 15–minute consultation The average U.S. home price is hovering around $500,000, but what kind of income do you actually need to afford a home with that price tag? In this episode, Bill breaks down the math behind mortgage qualification and explains how factors like debt, down payment, and interest rate dramatically change what's possible. Using real-world examples, this video shows how paying down just $1,000 in monthly debt can increase your purchasing power by more than a quarter-million dollars. If you're dreaming of a $500K home, this will give you a clearer picture of what it really takes to make that dream fit your budget. Here's what we discuss in this episode: 💵 How lenders determine what you can actually afford 📊 Understanding debt-to-income (DTI) ratios 🧮 The "$150K income" scenario and its limitations 💡 Smart trade-offs: down payment vs. debt reduction   CONTACT: Schedule a time to meet with Bill here: https://calendly.com/blitton/ Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: https://smartmortgageshow.com/ Call: 484-352-4151. Check us out on YouTube: https://bit.ly/3KbUxAF  

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