HOW MUCH DO YOU NEED TO MAKE TO AFFORD A $10,000,000 HOME?

@realmortgagementor

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Selling · Agency / Service

E Mortgage Capital Inc.

Why it worked

The video addresses a high-value, aspirational topic (affording a $10 million home) with clear, actionable financial calculations. The use of on-screen text and a direct, step-by-step explanation makes complex financial information easily digestible and engaging for viewers interested in luxury real estate and finance.

Summary

The video explains the income requirements for affording a $10 million home, detailing down payment, closing costs, and monthly payments. It calculates two scenarios for monthly payments based on different debt-to-income ratios to determine affordability.

Structure

1Introduce the $10 million home purchase scenario.
2Set the down payment to 50% ($5 million) and estimate closing costs.
3Calculate the base monthly payment (PITI) excluding taxes and insurance.
4Calculate two monthly payment scenarios based on different debt-to-income ratios.
5Explain how these figures qualify for a mortgage and offer a call to action.

Product placement

E Mortgage Capital Inc. (ACTS - it is the entity providing the mortgage information and likely the service being promoted, removing it would change the context of the advice given, as it's presented as coming from this entity). NMLS 1439141 (APPEARS - regulatory identifier for E Mortgage Capital Inc., removing it would not change the video's content).

Original caption

How much do you need to make to afford a $10,000,000 home? - ##realestate##mortgage##mortgagetips##homebuyer##homeownership- E Mortgage Capital Inc. NMLS 1439141

More from @realmortgagementor

Their other posts in the index, biggest breakout first.

Call to action

Send me a DM if you'd like me to run your scenario.

On-screen text

HOW MUCH DO YOU NEED TO MAKE TO AFFORD A $10,000,000 HOME? dive in FICO 780 Rate 6.375% (6.451 APR) REAL MORTGAGE MENTOR 30 Year Fixed Jumbo 10,000,000 5,000,000 50% down 100,000 C.C. PITI: 43,695 *2 87,390 *2.5 109,238 Send me you'd scenario

Transcript

Here's how much you need to make to afford a $10,000,000 home purchase. Let's dive in. Okay, so we're at 10 million as far as a home purchase, so we're in jumbo territory. So I'll go ahead and put in my 10 million price. And for down payment, this is a high amount. A lot of lenders will not lend up over 5 million. This is going to be 50% down. 5 million as our down payment. And for closing costs, I'm going to estimate this at $100,000. We're waiving our taxes and insurance to help alleviate how much cash to the table. That total payment actually does not include taxes and insurance. But if it did, that number would be higher. For the payment, we still want to calculate principal and interest as well as taxes and insurance. This is for qualification and it helps bearings as far as how much is going to be affordable at this level. So if we include together, this is based off Los Angeles County. I get $43,695 per month. All our payment, different. It's a minimum and then comfortable. Let's start with the minimum. Let's just multiply by two. I get is a monthly take home of $87,390. This will qualify you and jumbo guidelines. There are select banks that will go up to 50% the debt to income ratio. Traditional not do. Let's make it more comfortable and let's multiply instead by two and a half. I get $109,238 per month. This is should be more on our debt to income ratios. Send me a DM if you'd like me to run your scenario.