Income to Afford a $425,000 House

How much do you need to make to be able to afford a house that costs $425,000?
Purchase Price
$
Down Payment
$
Interest Rate
%
Term of Loan
Pct. of Income
(for Housing)
%
To afford a house that costs $425,000 with a down payment of $85,000, you'd need to earn $73,831 per year before tax.
The monthly mortgage payment would be $1,723.

Salary needed for 425,000 dollar mortgage.

This page will calculate how much you need to earn to buy a house that costs $425,000. 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 $425,000 house?
Down Payment 3.75% 4.00% 4.25% 4.50% 4.75% 5.00%
$0 $84,353 $86,958 $89,603 $92,289 $95,014 $97,778
$21,250 $80,136 $82,610 $85,123 $87,675 $90,264 $92,889
$42,500 $75,918 $78,262 $80,643 $83,060 $85,513 $88,000
$63,750 $71,700 $73,914 $76,163 $78,446 $80,762 $83,111
$85,000 $67,483 $69,566 $71,683 $73,831 $76,011 $78,223
$106,250 $63,265 $65,218 $67,203 $69,217 $71,261 $73,334
$127,500 $59,047 $60,870 $62,722 $64,602 $66,510 $68,445
$148,750 $54,830 $56,523 $58,242 $59,988 $61,759 $63,556
$170,000 $50,612 $52,175 $53,762 $55,373 $57,009 $58,667
$191,250 $46,394 $47,827 $49,282 $50,759 $52,258 $53,778
$212,500 $42,177 $43,479 $44,802 $46,145 $47,507 $48,889