03/30/2026
Most don’t realize that the downpayment for the home you want is actually closer than you think.
The biggest limiter is actually your income.
For this home, you could get into it with approximately $11k down and a minimum of 580 credit score using an FHA loan.
What about income? That’s the most important part.
If you had no other debts, you’d need to make about $5,500/month in gross income to qualify.
What if you don’t make that much? Then keep saving for a bigger down payment. The more you put down, the less the monthly payment will be.
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Gabriel Badilla | Realtor
DRE No. 02146281
Advanced Ag Realty & Appraisal
266 E Linden Ave, Reedley, CA 93654
Listing Courtesy of Carlos Salazar with Harness Realty
