Income to Afford a $450,000 House

How much do you need to make to be able to afford a house that costs $450,000?
Purchase Price
$
Down Payment
$
Interest Rate
%
Term of Loan
Pct. of Income
(for Housing)
%
To afford a house that costs $450,000 with a down payment of $90,000, you'd need to earn $78,174 per year before tax.
The monthly mortgage payment would be $1,824.

Salary needed for 450,000 dollar mortgage.

This page will calculate how much you need to earn to buy a house that costs $450,000. 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 $450,000 house?
Down Payment 3.75% 4.00% 4.25% 4.50% 4.75% 5.00%
$0 $89,315 $92,073 $94,874 $97,718 $100,603 $103,530
$22,500 $84,849 $87,469 $90,130 $92,832 $95,573 $98,353
$45,000 $80,384 $82,866 $85,387 $87,946 $90,543 $93,177
$67,500 $75,918 $78,262 $80,643 $83,060 $85,513 $88,000
$90,000 $71,452 $73,658 $75,899 $78,174 $80,483 $82,824
$112,500 $66,986 $69,055 $71,156 $73,288 $75,453 $77,647
$135,000 $62,521 $64,451 $66,412 $68,403 $70,422 $72,471
$157,500 $58,055 $59,847 $61,668 $63,517 $65,392 $67,294
$180,000 $53,589 $55,244 $56,924 $58,631 $60,362 $62,118
$202,500 $49,123 $50,640 $52,181 $53,745 $55,332 $56,941
$225,000 $44,658 $46,036 $47,437 $48,859 $50,302 $51,765