Income to Afford a $135,000 House

How much do you need to make to be able to afford a house that costs $135,000?
Purchase Price
$
Down Payment
$
Interest Rate
%
Term of Loan
Pct. of Income
(for Housing)
%
To afford a house that costs $135,000 with a down payment of $27,000, you'd need to earn $23,452 per year before tax.
The monthly mortgage payment would be $547.

Salary needed for 135,000 dollar mortgage.

This page will calculate how much you need to earn to buy a house that costs $135,000. It assumes a fixed-rate mortgage.

A good rule of thumb is to spend no more than 28% of your pre-tax income on your mortgage payment.

What is the income needed to buy a $135,000 house?
Down Payment 3.75% 4.00% 4.25% 4.50% 4.75% 5.00%
$0 $26,795 $27,622 $28,462 $29,315 $30,181 $31,059
$6,750 $25,455 $26,241 $27,039 $27,850 $28,672 $29,506
$13,500 $24,115 $24,860 $25,616 $26,384 $27,163 $27,953
$20,250 $22,775 $23,479 $24,193 $24,918 $25,654 $26,400
$27,000 $21,436 $22,098 $22,770 $23,452 $24,145 $24,847
$33,750 $20,096 $20,716 $21,347 $21,987 $22,636 $23,294
$40,500 $18,756 $19,335 $19,924 $20,521 $21,127 $21,741
$47,250 $17,416 $17,954 $18,500 $19,055 $19,618 $20,188
$54,000 $16,077 $16,573 $17,077 $17,589 $18,109 $18,635
$60,750 $14,737 $15,192 $15,654 $16,123 $16,600 $17,082
$67,500 $13,397 $13,811 $14,231 $14,658 $15,091 $15,529