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Homebuyers have a lot more than just the home loan to consider when it comes to purchasing a house.
Besides the principal, mortgage payments also include interest, taxes and insurance payments, meaning things quickly start to get pricey.
So, just how much of an annual salary does someone in Denver need to make to really afford a median-priced home?
According to Riverdale, New Jersey-based mortgage company HSH.com’s new report, the needed salary total is $72,771.94.