How much do you actually need to make to afford a home in Las Vegas that costs $700,000? Let’s break it down: $700,000 Home in Las Vegas w/ 10% down and a 6% interest rate Purchase Price: $700,000 Down Payment (10%): $70,000 Loan Amount: $690,000 That leaves you with a principle and interest of $4,150 / month Then you have costs like: Property Taxes = $417 Homeowners Insurance = $150 (estimated) PMI (10% down) = $290 Giving you an Estimated Total Monthly Payment: $5,000 / month Important to note: • Rates change • Taxes & insurance vary by home • PMI drops once you reach enough equity This is a realistic snapshot of what buying around $770K in Las Vegas actually looks like right now. If you’re new here, my name is Erica 👋🏻 I’m a real estate expert in Las Vegas and help people move to Las Vegas to call it their new home. If you’re looking to move to Las Vegas or have questions about moving here, comment “move” for my relocation guide. Erica LeMarr (702)960-2284 erica@eric...