Income to Afford a $465,000 House

How much do you need to make to be able to afford a house that costs $465,000?
Purchase Price
$
Down Payment
$
Interest Rate
%
Term of Loan
Pct. of Income
(for Housing)
%
To afford a house that costs $465,000 with a down payment of $93,000, you'd need to earn $69,384 per year before tax.
The monthly mortgage payment would be $1,619.

Salary needed for 465,000 dollar mortgage.

This page will calculate how much you need to earn to buy a house that costs $465,000. 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 $465,000 house?
Down Payment 2.50% 2.75% 3.00% 3.25% 3.50% 3.75% 4.00% 4.25% 4.50%
$0 $78,742 $81,357 $84,020 $86,730 $89,488 $92,292 $95,142 $98,037 $100,975
$23,250 $74,805 $77,289 $79,819 $82,394 $85,014 $87,678 $90,385 $93,135 $95,926
$46,500 $70,868 $73,221 $75,618 $78,057 $80,539 $83,063 $85,628 $88,233 $90,878
$69,750 $66,931 $69,153 $71,417 $73,721 $76,065 $78,448 $80,871 $83,331 $85,829
$93,000 $62,994 $65,085 $67,216 $69,384 $71,591 $73,834 $76,114 $78,429 $80,780
$116,250 $59,056 $61,017 $63,015 $65,048 $67,116 $69,219 $71,357 $73,527 $75,731
$139,500 $55,119 $56,950 $58,814 $60,711 $62,642 $64,605 $66,599 $68,626 $70,683
$162,750 $51,182 $52,882 $54,613 $56,375 $58,167 $59,990 $61,842 $63,724 $65,634
$186,000 $47,245 $48,814 $50,412 $52,038 $53,693 $55,375 $57,085 $58,822 $60,585
$209,250 $43,308 $44,746 $46,211 $47,702 $49,219 $50,761 $52,328 $53,920 $55,536
$232,500 $39,371 $40,678 $42,010 $43,365 $44,744 $46,146 $47,571 $49,018 $50,488
Average Home Price by State
Source: Zillow.com, December 2020
State Price
Hawaii$673,344
California$617,633
Massachusetts$470,610
Washington$463,856
Colorado$436,751
Oregon$397,363
Utah$395,205
New Jersey$372,870
New York$346,973
Idaho$339,238
Maryland$338,169
Rhode Island$337,100
Nevada$329,465
New Hampshire$326,908
Montana$320,351
Arizona$309,122
Virginia$305,509
Alaska$300,283
Connecticut$285,853
Delaware$281,923
Minnesota$279,516
Vermont$275,472
Maine$272,886
Florida$267,296
Wyoming$261,262
North Dakota$238,112
New Mexico$226,941
South Dakota$224,126
North Carolina$222,909
Texas$222,237
Georgia$221,471
Illinois$218,622
Pennsylvania$213,499
Wisconsin$211,598
Tennessee$205,068
South Carolina$204,967
Nebraska$190,827
Michigan$190,052
Missouri$178,656
Louisiana$178,041
Indiana$171,240
Ohio$166,358
Kansas$166,254
Kentucky$158,685
Iowa$158,239
Alabama$157,366
Arkansas$141,095
Oklahoma$140,511
Mississippi$133,213
West Virginia$113,124