What's the Most Expensive House You Can Afford on 25,000 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 $25,000, and a down payment of $25,000, you should be able to afford a house that costs $147,186.

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%
5,000 134,905 130,958 127,186 123,578 120,127
10,000 139,905 135,958 132,186 128,578 125,127
15,000 144,905 140,958 137,186 133,578 130,127
20,000 149,905 145,958 142,186 138,578 135,127
25,000 154,905 150,958 147,186 143,578 140,127
30,000 159,905 155,958 152,186 148,578 145,127
35,000 164,905 160,958 157,186 153,578 150,127
40,000 169,905 165,958 162,186 158,578 155,127
45,000 174,905 170,958 167,186 163,578 160,127
50,000 179,905 175,958 172,186 168,578 165,127