Income to Afford a $680,000 House

How much do you need to make to be able to afford a house that costs $680,000?
Purchase Price
$
Down Payment
$
Interest Rate
%
Term of Loan
Pct. of Income
(for Housing)
%
To afford a house that costs $680,000 with a down payment of $136,000, you'd need to earn $118,130 per year before tax.
The monthly mortgage payment would be $2,756.

Salary needed for 680,000 dollar mortgage.

This page will calculate how much you need to earn to buy a house that costs $680,000. 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 $680,000 house?
Down Payment 3.75% 4.00% 4.25% 4.50% 4.75% 5.00%
$0 $134,965 $139,132 $143,365 $147,663 $152,023 $156,445
$34,000 $128,217 $132,176 $136,197 $140,279 $144,422 $148,623
$68,000 $121,469 $125,219 $129,029 $132,896 $136,821 $140,801
$102,000 $114,720 $118,263 $121,861 $125,513 $129,219 $132,978
$136,000 $107,972 $111,306 $114,692 $118,130 $121,618 $125,156
$170,000 $101,224 $104,349 $107,524 $110,747 $114,017 $117,334
$204,000 $94,476 $97,393 $100,356 $103,364 $106,416 $109,512
$238,000 $87,727 $90,436 $93,187 $95,981 $98,815 $101,689
$272,000 $80,979 $83,479 $86,019 $88,598 $91,214 $93,867
$306,000 $74,231 $76,523 $78,851 $81,214 $83,613 $86,045
$340,000 $67,483 $69,566 $71,683 $73,831 $76,011 $78,223