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Salary Requirements for a House in Silicon Valley

3 pointsby allencabout 10 years ago

1 comment

beamatronicabout 10 years ago
&quot;You’d have to start by coming up with ~$220k in savings for the down payment + closing costs, and then take out a mortgage for the remaining $800k&quot;<p>For most folks, the down payment is the hard part and this doesn&#x27;t seem to be addressed often enough.<p>If you are making $100k, how long is a reasonable amount of time for you to save up that $200k?
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