Income to Afford a $370,000 House

How much do you need to make to be able to afford a house that costs $370,000?
Purchase Price
$
Down Payment
$
Interest Rate
%
Term of Loan
Pct. of Income
(for Housing)
%
To afford a house that costs $370,000 with a down payment of $74,000, you'd need to earn $64,277 per year before tax.
The monthly mortgage payment would be $1,500.

Salary needed for 370,000 dollar mortgage.

This page will calculate how much you need to earn to buy a house that costs $370,000. 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 $370,000 house?
Down Payment 3.75% 4.00% 4.25% 4.50% 4.75% 5.00%
$0 $73,437 $75,704 $78,008 $80,346 $82,718 $85,125
$18,500 $69,765 $71,919 $74,107 $76,329 $78,582 $80,868
$37,000 $66,093 $68,134 $70,207 $72,311 $74,447 $76,612
$55,500 $62,421 $64,349 $66,306 $68,294 $70,311 $72,356
$74,000 $58,750 $60,564 $62,406 $64,277 $66,175 $68,100
$92,500 $55,078 $56,778 $58,506 $60,259 $62,039 $63,843
$111,000 $51,406 $52,993 $54,605 $56,242 $57,903 $59,587
$129,500 $47,734 $49,208 $50,705 $52,225 $53,767 $55,331
$148,000 $44,062 $45,423 $46,805 $48,207 $49,631 $51,075
$166,500 $40,390 $41,637 $42,904 $44,190 $45,495 $46,819
$185,000 $36,718 $37,852 $39,004 $40,173 $41,359 $42,562