Most Expensive House With a $1,000 Income
What's the most expensive house you can afford with an income of $1,000? This page will calculate the most expensive house you can buy with a $1k salary.
Annual Income
(before tax)
$
Down Payment
$
Interest Rate
%
Term of Loan
Pct of Income
(for housing)
%
Results
With the parameters you selected, the most expensive house you can afford costs $4,998.
Your monthly payment would be $23.
What House Can You Buy On $1,000 a Year?
(Based on interest rate and down payment)
| 4.50% | 4.75% | 5.00% | 5.25% | 5.50% | 5.75% | 6.00% | 6.25% | 6.50% | 6.75% | 7.00% | 7.25% | 7.50% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $0 | $4,605 | $4,473 | $4,347 | $4,225 | $4,110 | $3,998 | $3,892 | $3,790 | $3,692 | $3,598 | $3,507 | $3,420 | $3,337 |
| $100 | $4,705 | $4,573 | $4,447 | $4,325 | $4,210 | $4,098 | $3,992 | $3,890 | $3,792 | $3,698 | $3,607 | $3,520 | $3,437 |
| $200 | $4,805 | $4,673 | $4,547 | $4,425 | $4,310 | $4,198 | $4,092 | $3,990 | $3,892 | $3,798 | $3,707 | $3,620 | $3,537 |
| $300 | $4,905 | $4,773 | $4,647 | $4,525 | $4,410 | $4,298 | $4,192 | $4,090 | $3,992 | $3,898 | $3,807 | $3,720 | $3,637 |
| $400 | $5,005 | $4,873 | $4,747 | $4,625 | $4,510 | $4,398 | $4,292 | $4,190 | $4,092 | $3,998 | $3,907 | $3,820 | $3,737 |
| $500 | $5,105 | $4,973 | $4,847 | $4,725 | $4,610 | $4,498 | $4,392 | $4,290 | $4,192 | $4,098 | $4,007 | $3,920 | $3,837 |
| $600 | $5,205 | $5,073 | $4,947 | $4,825 | $4,710 | $4,598 | $4,492 | $4,390 | $4,292 | $4,198 | $4,107 | $4,020 | $3,937 |
| $700 | $5,305 | $5,173 | $5,047 | $4,925 | $4,810 | $4,698 | $4,592 | $4,490 | $4,392 | $4,298 | $4,207 | $4,120 | $4,037 |
| $800 | $5,405 | $5,273 | $5,147 | $5,025 | $4,910 | $4,798 | $4,692 | $4,590 | $4,492 | $4,398 | $4,307 | $4,220 | $4,137 |
| $900 | $5,505 | $5,373 | $5,247 | $5,125 | $5,010 | $4,898 | $4,792 | $4,690 | $4,592 | $4,498 | $4,407 | $4,320 | $4,237 |
| $1,000 | $5,605 | $5,473 | $5,347 | $5,225 | $5,110 | $4,998 | $4,892 | $4,790 | $4,692 | $4,598 | $4,507 | $4,420 | $4,337 |
| $1,100 | $5,705 | $5,573 | $5,447 | $5,325 | $5,210 | $5,098 | $4,992 | $4,890 | $4,792 | $4,698 | $4,607 | $4,520 | $4,437 |
| $1,200 | $5,805 | $5,673 | $5,547 | $5,425 | $5,310 | $5,198 | $5,092 | $4,990 | $4,892 | $4,798 | $4,707 | $4,620 | $4,537 |
| $1,300 | $5,905 | $5,773 | $5,647 | $5,525 | $5,410 | $5,298 | $5,192 | $5,090 | $4,992 | $4,898 | $4,807 | $4,720 | $4,637 |
| $1,400 | $6,005 | $5,873 | $5,747 | $5,625 | $5,510 | $5,398 | $5,292 | $5,190 | $5,092 | $4,998 | $4,907 | $4,820 | $4,737 |
| $1,500 | $6,105 | $5,973 | $5,847 | $5,725 | $5,610 | $5,498 | $5,392 | $5,290 | $5,192 | $5,098 | $5,007 | $4,920 | $4,837 |