Income to Afford a $65,000 House

How much do you need to make to be able to afford a house that costs $65,000?
Purchase Price
$
Down Payment
$
Interest Rate
%
Term of Loan
Pct. of Income
(for Housing)
%
To afford a house that costs $65,000 with a down payment of $13,000, you'd need to earn $11,292 per year before tax.
The monthly mortgage payment would be $263.

Salary needed for 65,000 dollar mortgage.

This page will calculate how much you need to earn to buy a house that costs $65,000. 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 $65,000 house?
Down Payment 3.75% 4.00% 4.25% 4.50% 4.75% 5.00%
$0 $12,901 $13,299 $13,704 $14,115 $14,532 $14,954
$3,250 $12,256 $12,634 $13,019 $13,409 $13,805 $14,207
$6,500 $11,611 $11,969 $12,334 $12,703 $13,078 $13,459
$9,750 $10,966 $11,305 $11,648 $11,998 $12,352 $12,711
$13,000 $10,321 $10,640 $10,963 $11,292 $11,625 $11,963
$16,250 $9,676 $9,975 $10,278 $10,586 $10,899 $11,216
$19,500 $9,031 $9,310 $9,593 $9,880 $10,172 $10,468
$22,750 $8,386 $8,645 $8,908 $9,175 $9,446 $9,720
$26,000 $7,741 $7,980 $8,222 $8,469 $8,719 $8,973
$29,250 $7,096 $7,315 $7,537 $7,763 $7,992 $8,225
$32,500 $6,451 $6,650 $6,852 $7,057 $7,266 $7,477