The salary you need to buy a $500,000 home with a 30-year mortgage ranges between about $130,000 and $260,000. A common homebuying rule dictates that your monthly housing payments should not exceed 28 ...

These mortgage lenders allow borrowers to qualify for a loan based on assets rather than income. For borrowers who live on assets or don’t have a consistent paycheck, qualifying for a mortgage may ...

A home loan is a long-term loan. Most people take a large amount as a home loan, so before giving it, banks also decide based on various criteria how much amount can be given to you as a home loan. In ...