Most Expensive House With a $12,000 Income

What's the most expensive house you can afford with an income of $12,000? This page will calculate the most expensive house you can buy with a $12k salary.
Annual Income
(before tax)
$
Down Payment
$
Interest Rate
%
Term of Loan
Pct of Income
(for housing)
%

Results

With the parameters you selected, the most expensive house you can afford costs $52,980.

Your monthly payment would be $280.

What House Can You Buy On $12,000 a Year?
(Based on interest rate and down payment)
4.50% 4.75% 5.00% 5.25% 5.50% 5.75% 6.00% 6.25% 6.50% 6.75% 7.00% 7.25% 7.50%
$0 $55,261 $53,676 $52,159 $50,706 $49,314 $47,980 $46,702 $45,475 $44,299 $43,170 $42,086 $41,045 $40,045
$1,200 $56,461 $54,876 $53,359 $51,906 $50,514 $49,180 $47,902 $46,675 $45,499 $44,370 $43,286 $42,245 $41,245
$2,400 $57,661 $56,076 $54,559 $53,106 $51,714 $50,380 $49,102 $47,875 $46,699 $45,570 $44,486 $43,445 $42,445
$3,600 $58,861 $57,276 $55,759 $54,306 $52,914 $51,580 $50,302 $49,075 $47,899 $46,770 $45,686 $44,645 $43,645
$4,800 $60,061 $58,476 $56,959 $55,506 $54,114 $52,780 $51,502 $50,275 $49,099 $47,970 $46,886 $45,845 $44,845
$6,000 $61,261 $59,676 $58,159 $56,706 $55,314 $53,980 $52,702 $51,475 $50,299 $49,170 $48,086 $47,045 $46,045
$7,200 $62,461 $60,876 $59,359 $57,906 $56,514 $55,180 $53,902 $52,675 $51,499 $50,370 $49,286 $48,245 $47,245
$8,400 $63,661 $62,076 $60,559 $59,106 $57,714 $56,380 $55,102 $53,875 $52,699 $51,570 $50,486 $49,445 $48,445
$9,600 $64,861 $63,276 $61,759 $60,306 $58,914 $57,580 $56,302 $55,075 $53,899 $52,770 $51,686 $50,645 $49,645
$10,800 $66,061 $64,476 $62,959 $61,506 $60,114 $58,780 $57,502 $56,275 $55,099 $53,970 $52,886 $51,845 $50,845
$12,000 $67,261 $65,676 $64,159 $62,706 $61,314 $59,980 $58,702 $57,475 $56,299 $55,170 $54,086 $53,045 $52,045
$13,200 $68,461 $66,876 $65,359 $63,906 $62,514 $61,180 $59,902 $58,675 $57,499 $56,370 $55,286 $54,245 $53,245
$14,400 $69,661 $68,076 $66,559 $65,106 $63,714 $62,380 $61,102 $59,875 $58,699 $57,570 $56,486 $55,445 $54,445
$15,600 $70,861 $69,276 $67,759 $66,306 $64,914 $63,580 $62,302 $61,075 $59,899 $58,770 $57,686 $56,645 $55,645
$16,800 $72,061 $70,476 $68,959 $67,506 $66,114 $64,780 $63,502 $62,275 $61,099 $59,970 $58,886 $57,845 $56,845
$18,000 $73,261 $71,676 $70,159 $68,706 $67,314 $65,980 $64,702 $63,475 $62,299 $61,170 $60,086 $59,045 $58,045