162 - How Much Home Can You Afford With Your Salary?
How to Buy a Home: The #1 First Time Home Buyer Podcast
David Sidoni
4.8 • 891 Ratings
🗓️ 9 February 2023
⏱️ 31 minutes
🧾️ Download transcript
Summary
“Hey David, I make more money now. What kind of house can I buy on my new salary?” - A Lot of First-time Home Buyers
“There’s an equation for that!” - David Sidoni, #1 First-time Home Buyer Advocate & Data Chart Enthusiast
Yes, it’s true. There is indeed an equation that can help you determine how much home you can afford based on how much you make. David will spill all the tea in this episode… but you HAVE to promise to listen to the whole podcast. He’s not kidding. There’s more to the numbers than meets the ears.
David made all of his calculations based on very rounded, very average numbers. Know that interest rates, home prices, and the overall market will ALWAYS change. Always. You can’t just walk away with the numbers from this equation and assume you’ve got it all together. Instead, take this equation, get a ballpark estimate, and then get in touch with a highly qualified real estate agent and allow them to help guide you the rest of the way.
Connect with me to find a trusted realtor in your area or to answer your burning questions!
Subscribe to our YouTube Channel @HowToBuyaHome
Instagram @HowtoBuyAHomePodcast
Tik Tok @HowToBuyAHome
This podcast was created for YOU - to cut through the confusion and empower you to buy your first home. Let's change how the real estate industry treats first-timers, one buyer at a time- starting with YOU!
Visit our Resource Center to "Ask David" AND get your FREE Home Buying Starter Kit!
David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with over 18 years of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer.
Subscribe for regular market updates, and leave a review to help us reach more people. Ready for an honest, informed home-buying experience? Viva la Unicorn Revolution - join us!
Transcript
Click on a timestamp to play from that location
| 0:00.0 | On Air Brands. |
| 0:04.3 | Hey, you know, when you have a podcast about trying to help people all over the country buy a home, |
| 0:09.8 | no, you don't. That's what I do. Guess what everyone says to me. Hey, David, I got this new job. |
| 0:15.1 | Okay, so it's a really cool job. I'm going to make like $62,000. So how much home can I buy? |
| 0:21.1 | Seriously, that happens to me like every day. |
| 0:23.8 | So I'll tell you what, I'll answer your question. |
| 0:26.9 | Yes, you curious public. |
| 0:28.6 | How much do you need to make to figure out how much of a home you can afford? |
| 0:35.6 | Let's do it. |
| 0:36.3 | Let's do it. |
| 0:55.7 | What is happening my How to Buy a Home? This is the How to Buy Home podcast. I'm your host, |
| 1:03.3 | David Sidoney. This is the podcast created by me, a pissed off realtor who in my own job saw that home buyers, especially first time home buyers, were consistently getting screwed by |
| 1:09.5 | the system. They were consistently uninformed, which was |
| 1:12.5 | no fault of their own. See, they were being given either straight up wrong advice or mostly just not |
| 1:20.4 | even talked to, completely ignored by industry pros. So I learned that it wasn't just my folks here |
| 1:26.3 | in Southern California, but people all over the place that were being underserved. |
| 1:30.8 | And because of that, there are a bunch of people that are clueless. |
| 1:35.1 | Again, no fault of their own, walking around, trying to figure out the answers to the question. |
| 1:41.2 | How much home can I afford? |
| 1:43.3 | So today we're going to educate, empower, maybe even matchmake for some of you, get you to a unicorn team. |
| 1:49.8 | So you can confidently get the answer to that question and get yourself a nice guided plan with a professional. |
| 1:57.1 | Someone that's going to help you figure out what that journey is for you. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from David Sidoni, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of David Sidoni and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.