Most Expensive House With a $16,000 Income

What's the most expensive house you can afford with an income of $16,000? This page will calculate the most expensive house you can buy with a $16k 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 $73,608.

Your monthly payment would be $373.

What House Can You Buy On $16,000 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 $73,681 $71,568 $69,545 $67,608 $65,752 $63,974 $62,269 $60,634 $59,065 $57,560 $56,115 $54,727 $53,393
$1,600 $75,281 $73,168 $71,145 $69,208 $67,352 $65,574 $63,869 $62,234 $60,665 $59,160 $57,715 $56,327 $54,993
$3,200 $76,881 $74,768 $72,745 $70,808 $68,952 $67,174 $65,469 $63,834 $62,265 $60,760 $59,315 $57,927 $56,593
$4,800 $78,481 $76,368 $74,345 $72,408 $70,552 $68,774 $67,069 $65,434 $63,865 $62,360 $60,915 $59,527 $58,193
$6,400 $80,081 $77,968 $75,945 $74,008 $72,152 $70,374 $68,669 $67,034 $65,465 $63,960 $62,515 $61,127 $59,793
$8,000 $81,681 $79,568 $77,545 $75,608 $73,752 $71,974 $70,269 $68,634 $67,065 $65,560 $64,115 $62,727 $61,393
$9,600 $83,281 $81,168 $79,145 $77,208 $75,352 $73,574 $71,869 $70,234 $68,665 $67,160 $65,715 $64,327 $62,993
$11,200 $84,881 $82,768 $80,745 $78,808 $76,952 $75,174 $73,469 $71,834 $70,265 $68,760 $67,315 $65,927 $64,593
$12,800 $86,481 $84,368 $82,345 $80,408 $78,552 $76,774 $75,069 $73,434 $71,865 $70,360 $68,915 $67,527 $66,193
$14,400 $88,081 $85,968 $83,945 $82,008 $80,152 $78,374 $76,669 $75,034 $73,465 $71,960 $70,515 $69,127 $67,793
$16,000 $89,681 $87,568 $85,545 $83,608 $81,752 $79,974 $78,269 $76,634 $75,065 $73,560 $72,115 $70,727 $69,393
$17,600 $91,281 $89,168 $87,145 $85,208 $83,352 $81,574 $79,869 $78,234 $76,665 $75,160 $73,715 $72,327 $70,993
$19,200 $92,881 $90,768 $88,745 $86,808 $84,952 $83,174 $81,469 $79,834 $78,265 $76,760 $75,315 $73,927 $72,593
$20,800 $94,481 $92,368 $90,345 $88,408 $86,552 $84,774 $83,069 $81,434 $79,865 $78,360 $76,915 $75,527 $74,193
$22,400 $96,081 $93,968 $91,945 $90,008 $88,152 $86,374 $84,669 $83,034 $81,465 $79,960 $78,515 $77,127 $75,793
$24,000 $97,681 $95,568 $93,545 $91,608 $89,752 $87,974 $86,269 $84,634 $83,065 $81,560 $80,115 $78,727 $77,393