What's the Most Expensive House You Can Afford on 140,000 Per Year?

Annual Income
(before tax)
$
Down Payment $
Interest Rate %
Term of Loan
Pct of Income
(for housing)
%
(results appear below)

With an income of $140,000, and a down payment of $140,000, you should be able to afford a house that costs $824,240.

This assumes a 30-year mortgage at 4% interest, and spending 28% of your income on your mortgage payment.

What House Can You Buy Based on Interest Rate and Down Payment?
Down 3.50% 3.75% 4.00% 4.25% 4.50%
28,000 755,470 733,367 712,240 692,038 672,713
56,000 783,470 761,367 740,240 720,038 700,713
84,000 811,470 789,367 768,240 748,038 728,713
112,000 839,470 817,367 796,240 776,038 756,713
140,000 867,470 845,367 824,240 804,038 784,713
168,000 895,470 873,367 852,240 832,038 812,713
196,000 923,470 901,367 880,240 860,038 840,713
224,000 951,470 929,367 908,240 888,038 868,713
252,000 979,470 957,367 936,240 916,038 896,713
280,000 1,007,470 985,367 964,240 944,038 924,713