Income to Afford a $380,000 House

How much do you need to make to be able to afford a house that costs $380,000?
Purchase Price
$
Down Payment
$
Interest Rate
%
Term of Loan
Pct. of Income
(for Housing)
%
To afford a house that costs $380,000 with a down payment of $76,000, you'd need to earn $66,014 per year before tax.
The monthly mortgage payment would be $1,540.

Salary needed for 380,000 dollar mortgage.

This page will calculate how much you need to earn to buy a house that costs $380,000. 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 $380,000 house?
Down Payment 3.75% 4.00% 4.25% 4.50% 4.75% 5.00%
$0 $75,422 $77,750 $80,116 $82,517 $84,954 $87,425
$19,000 $71,651 $73,863 $76,110 $78,391 $80,706 $83,054
$38,000 $67,880 $69,975 $72,104 $74,266 $76,459 $78,683
$57,000 $64,108 $66,088 $68,099 $70,140 $72,211 $74,311
$76,000 $60,337 $62,200 $64,093 $66,014 $67,963 $69,940
$95,000 $56,566 $58,313 $60,087 $61,888 $63,715 $65,569
$114,000 $52,795 $54,425 $56,081 $57,762 $59,468 $61,198
$133,000 $49,024 $50,538 $52,075 $53,636 $55,220 $56,826
$152,000 $45,253 $46,650 $48,070 $49,510 $50,972 $52,455
$171,000 $41,482 $42,763 $44,064 $45,385 $46,725 $48,084
$190,000 $37,711 $38,875 $40,058 $41,259 $42,477 $43,713