Cost of Living in Hathaway Lakes No.9: What Salary Do You Need to Buy a Home?

Real numbers from this area's median sale price, property taxes, and household income — calculated at today's mortgage rate.

To buy a median-priced Hathaway Lakes No.9 home (around $455,000) at today's 6.43% 30-year fixed rate with 20% down, you'd need roughly $80k/year in household income to qualify — an estimated monthly payment of $3,012 (principal, interest, property tax est., and insurance).

Down paymentMonthly paymentIncome needed
20% $3,012/mo$80,320
10% (+PMI)$3,468/mo$92,483
5% (+PMI)$3,620/mo$96,543

Estimates use a 6.43% 30-year fixed rate (current Freddie Mac average), an aggressive ~45% housing-to-income ratio (roughly what FHA underwriting can allow for a buyer with no other monthly debts — your number depends on your debts and credit), this area's median sale price, plus estimated insurance and PMI below 20% down. Not an APR or a commitment to lend — your actual rate and payment will vary.

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