Example Location: 84604 (Provo, Utah)
Annual Household Income: $67,925 (Forbe’s Median Household Income of Provo)
Monthly Spending: $1,000
Loan Type: 30-Year Fixed
Annual Property Tax for Provo is 1.75%
Recommended Price: $127,066
Recommended Max Price: $195,200
That buys you a trailer home. In Provo, the median home price is $303,300.
Try it yourself at: How Much House Can I Afford?