Most Expensive House With a $47,000 Income

What's the most expensive house you can afford with an income of $47,000? This page will calculate the most expensive house you can buy with a $47k 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 $173,760.

Your monthly payment would be $1,097.

What House Can You Buy On $47,000 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 $216,439 $210,231 $204,289 $198,598 $193,147 $187,923 $182,915 $178,112 $173,505 $169,083 $164,837 $160,760 $156,843
$4,700 $221,139 $214,931 $208,989 $203,298 $197,847 $192,623 $187,615 $182,812 $178,205 $173,783 $169,537 $165,460 $161,543
$9,400 $225,839 $219,631 $213,689 $207,998 $202,547 $197,323 $192,315 $187,512 $182,905 $178,483 $174,237 $170,160 $166,243
$14,100 $230,539 $224,331 $218,389 $212,698 $207,247 $202,023 $197,015 $192,212 $187,605 $183,183 $178,937 $174,860 $170,943
$18,800 $235,239 $229,031 $223,089 $217,398 $211,947 $206,723 $201,715 $196,912 $192,305 $187,883 $183,637 $179,560 $175,643
$23,500 $239,939 $233,731 $227,789 $222,098 $216,647 $211,423 $206,415 $201,612 $197,005 $192,583 $188,337 $184,260 $180,343
$28,200 $244,639 $238,431 $232,489 $226,798 $221,347 $216,123 $211,115 $206,312 $201,705 $197,283 $193,037 $188,960 $185,043
$32,900 $249,339 $243,131 $237,189 $231,498 $226,047 $220,823 $215,815 $211,012 $206,405 $201,983 $197,737 $193,660 $189,743
$37,600 $254,039 $247,831 $241,889 $236,198 $230,747 $225,523 $220,515 $215,712 $211,105 $206,683 $202,437 $198,360 $194,443
$42,300 $258,739 $252,531 $246,589 $240,898 $235,447 $230,223 $225,215 $220,412 $215,805 $211,383 $207,137 $203,060 $199,143
$47,000 $263,439 $257,231 $251,289 $245,598 $240,147 $234,923 $229,915 $225,112 $220,505 $216,083 $211,837 $207,760 $203,843
$51,700 $268,139 $261,931 $255,989 $250,298 $244,847 $239,623 $234,615 $229,812 $225,205 $220,783 $216,537 $212,460 $208,543
$56,400 $272,839 $266,631 $260,689 $254,998 $249,547 $244,323 $239,315 $234,512 $229,905 $225,483 $221,237 $217,160 $213,243
$61,100 $277,539 $271,331 $265,389 $259,698 $254,247 $249,023 $244,015 $239,212 $234,605 $230,183 $225,937 $221,860 $217,943
$65,800 $282,239 $276,031 $270,089 $264,398 $258,947 $253,723 $248,715 $243,912 $239,305 $234,883 $230,637 $226,560 $222,643
$70,500 $286,939 $280,731 $274,789 $269,098 $263,647 $258,423 $253,415 $248,612 $244,005 $239,583 $235,337 $231,260 $227,343