Most Expensive House With a $8,000 Income

What's the most expensive house you can afford with an income of $8,000? This page will calculate the most expensive house you can buy with a $8k 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 $38,784.

Your monthly payment would be $187.

What House Can You Buy On $8,000 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 $36,841 $35,784 $34,773 $33,804 $32,876 $31,987 $31,134 $30,317 $29,533 $28,780 $28,057 $27,363 $26,697
$800 $37,641 $36,584 $35,573 $34,604 $33,676 $32,787 $31,934 $31,117 $30,333 $29,580 $28,857 $28,163 $27,497
$1,600 $38,441 $37,384 $36,373 $35,404 $34,476 $33,587 $32,734 $31,917 $31,133 $30,380 $29,657 $28,963 $28,297
$2,400 $39,241 $38,184 $37,173 $36,204 $35,276 $34,387 $33,534 $32,717 $31,933 $31,180 $30,457 $29,763 $29,097
$3,200 $40,041 $38,984 $37,973 $37,004 $36,076 $35,187 $34,334 $33,517 $32,733 $31,980 $31,257 $30,563 $29,897
$4,000 $40,841 $39,784 $38,773 $37,804 $36,876 $35,987 $35,134 $34,317 $33,533 $32,780 $32,057 $31,363 $30,697
$4,800 $41,641 $40,584 $39,573 $38,604 $37,676 $36,787 $35,934 $35,117 $34,333 $33,580 $32,857 $32,163 $31,497
$5,600 $42,441 $41,384 $40,373 $39,404 $38,476 $37,587 $36,734 $35,917 $35,133 $34,380 $33,657 $32,963 $32,297
$6,400 $43,241 $42,184 $41,173 $40,204 $39,276 $38,387 $37,534 $36,717 $35,933 $35,180 $34,457 $33,763 $33,097
$7,200 $44,041 $42,984 $41,973 $41,004 $40,076 $39,187 $38,334 $37,517 $36,733 $35,980 $35,257 $34,563 $33,897
$8,000 $44,841 $43,784 $42,773 $41,804 $40,876 $39,987 $39,134 $38,317 $37,533 $36,780 $36,057 $35,363 $34,697
$8,800 $45,641 $44,584 $43,573 $42,604 $41,676 $40,787 $39,934 $39,117 $38,333 $37,580 $36,857 $36,163 $35,497
$9,600 $46,441 $45,384 $44,373 $43,404 $42,476 $41,587 $40,734 $39,917 $39,133 $38,380 $37,657 $36,963 $36,297
$10,400 $47,241 $46,184 $45,173 $44,204 $43,276 $42,387 $41,534 $40,717 $39,933 $39,180 $38,457 $37,763 $37,097
$11,200 $48,041 $46,984 $45,973 $45,004 $44,076 $43,187 $42,334 $41,517 $40,733 $39,980 $39,257 $38,563 $37,897
$12,000 $48,841 $47,784 $46,773 $45,804 $44,876 $43,987 $43,134 $42,317 $41,533 $40,780 $40,057 $39,363 $38,697