Tag Archive for: How Much House Can I Afford

How Much House Can I Afford With a $200K Salary?

If you're wondering how much house you can afford with a $200,000 salary, the income-based home price range is roughly $820,000 to $1.30 million. Where you land inside that range depends on your down payment, your other monthly debts, and the debt-to-income ratio your loan program allows.Read More

How Much House Can I Afford With a $60K Salary?

If you're wondering how much house you can afford with a $60,000 salary, the home price range is roughly $230,000 to $400,000 on conventional financing, depending on your down payment and debt-to-income ratio. At this income, the monthly payment is only part of the picture: the down payment, closing costs, and other cash needed to close can matter just as much. This guide walks through the math on each, how FHA can stretch your buying power, and what a car payment or student loan does to the number.Read More

How Much House Can I Afford With an $80K Salary?

If you're wondering how much house you can afford with an $80,000 salary, the home price range is roughly $290,000 to $500,000. Where you land inside that range depends less on the salary than on three other things: how much you put down, what your credit score does to your mortgage insurance and interest rates, and whether you carry car payments or credit card balances.Read More