Income Needed for House Calculator

How much do you need to make to be able to afford a house?

House Price $
Down Payment $
Interest Rate %
Term of Loan
Pct of Income
(for housing)
%
(results appear below)

This page will calculate how much you need to make to be able to afford a house that costs a certain price.

This calculator is for fixed-rate mortgages. Adjustable-rate mortgages, or ARMs, may allow you to acheive lower payments in the short term. However, with ARMs, your monthly payment may increase if interest rates rise.

Note: 28% is the standard percentage of pre-tax income to spend on housing.