I was wondering what level do you need to reach in investment banking in order to afford a $5 million house?
Does anyone have an idea?
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obviously you have to be a MD...
Intern.
I'd say whatever level allows you to bring in 1.2 million per year, according to the mortgage calculator, you'd also have to only have debt at about 70k a year.
Stop asking worthless questions. This board is turning to complete shit.
Making $1.2 million per year and debt at $70K a year.... Your annual income would have to be in the $2-3 million range in order to afford the house without going into large amounts of debt. That would put you at very good Managing Director status according to the numbers.
Who cares what the price tag is or what it takes to be able to get to that price tag? A nice house is a nice house.
5 mil won't get you to second base in London
Dude learn how to use a financial calculator before posting stupid crap.
dude, you must be the dumbest kid at wisco, by far. do you have any friends? what the fuck kind of question is that?
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