A good rule of thumb is that a house should cost no more than 214 times its owner's income. I low much should you be earning to afford a $64,000 home?

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Usemas the owner's income.According to the rule of thumb, a house costing $64,000 should be no more than 2VS times an owner's income, or 214m(2.5m).This can be stated as an equation. 2.5m =$64,000 To solve for m, divide both sides by 2.5. You are undoing the multiplication. 2.5m / 2.5 = $64,000 / 2.5 cm clear the decimal in the divisor m = $640,000 / 25 . . = $25,600 (owners income)

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