Income to Afford a $95,000 House

How much do you need to make to be able to afford a house that costs $95,000?
Purchase Price
$
Down Payment
$
Interest Rate
%
Term of Loan
Pct. of Income
(for Housing)
%
To afford a house that costs $95,000 with a down payment of $19,000, you'd need to earn $16,503 per year before tax.
The monthly mortgage payment would be $385.

Salary needed for 95,000 dollar mortgage.

This page will calculate how much you need to earn to buy a house that costs $95,000. 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 $95,000 house?
Down Payment 3.75% 4.00% 4.25% 4.50% 4.75% 5.00%
$0 $18,855 $19,438 $20,029 $20,629 $21,238 $21,856
$4,750 $17,913 $18,466 $19,028 $19,598 $20,177 $20,763
$9,500 $16,970 $17,494 $18,026 $18,566 $19,115 $19,671
$14,250 $16,027 $16,522 $17,025 $17,535 $18,053 $18,578
$19,000 $15,084 $15,550 $16,023 $16,503 $16,991 $17,485
$23,750 $14,142 $14,578 $15,022 $15,472 $15,929 $16,392
$28,500 $13,199 $13,606 $14,020 $14,441 $14,867 $15,299
$33,250 $12,256 $12,634 $13,019 $13,409 $13,805 $14,207
$38,000 $11,313 $11,663 $12,017 $12,378 $12,743 $13,114
$42,750 $10,370 $10,691 $11,016 $11,346 $11,681 $12,021
$47,500 $9,428 $9,719 $10,014 $10,315 $10,619 $10,928