Income to Afford a $760,000 House

How much do you need to make to be able to afford a house that costs $760,000?
Purchase Price
$
Down Payment
$
Interest Rate
%
Term of Loan
Pct. of Income
(for Housing)
%
To afford a house that costs $760,000 with a down payment of $152,000, you'd need to earn $113,402 per year before tax.
The monthly mortgage payment would be $2,646.

Salary needed for 760,000 dollar mortgage.

This page will calculate how much you need to earn to buy a house that costs $760,000. 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 $760,000 house?
Down Payment 2.50% 2.75% 3.00% 3.25% 3.50% 3.75% 4.00% 4.25% 4.50%
$0 $128,697 $132,970 $137,322 $141,753 $146,260 $150,843 $155,501 $160,232 $165,035
$38,000 $122,262 $126,321 $130,456 $134,665 $138,947 $143,301 $147,726 $152,220 $156,783
$76,000 $115,827 $119,673 $123,590 $127,578 $131,634 $135,759 $139,951 $144,209 $148,531
$114,000 $109,392 $113,024 $116,724 $120,490 $124,321 $128,217 $132,176 $136,197 $140,279
$152,000 $102,957 $106,376 $109,858 $113,402 $117,008 $120,675 $124,401 $128,185 $132,028
$190,000 $96,522 $99,727 $102,992 $106,315 $109,695 $113,133 $116,626 $120,174 $123,776
$228,000 $90,088 $93,079 $96,126 $99,227 $102,382 $105,590 $108,851 $112,162 $115,524
$266,000 $83,653 $86,430 $89,260 $92,139 $95,069 $98,048 $101,076 $104,151 $107,273
$304,000 $77,218 $79,782 $82,393 $85,052 $87,756 $90,506 $93,301 $96,139 $99,021
$342,000 $70,783 $73,133 $75,527 $77,964 $80,443 $82,964 $85,526 $88,128 $90,769
$380,000 $64,348 $66,485 $68,661 $70,876 $73,130 $75,422 $77,750 $80,116 $82,517
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