What's the Most Expensive House You Can Afford on 250,000 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 $250,000, and a down payment of $250,000, you should be able to afford a house that costs $1,471,857.

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%
50,000 1,349,054 1,309,585 1,271,857 1,235,782 1,201,273
100,000 1,399,054 1,359,585 1,321,857 1,285,782 1,251,273
150,000 1,449,054 1,409,585 1,371,857 1,335,782 1,301,273
200,000 1,499,054 1,459,585 1,421,857 1,385,782 1,351,273
250,000 1,549,054 1,509,585 1,471,857 1,435,782 1,401,273
300,000 1,599,054 1,559,585 1,521,857 1,485,782 1,451,273
350,000 1,649,054 1,609,585 1,571,857 1,535,782 1,501,273
400,000 1,699,054 1,659,585 1,621,857 1,585,782 1,551,273
450,000 1,749,054 1,709,585 1,671,857 1,635,782 1,601,273
500,000 1,799,054 1,759,585 1,721,857 1,685,782 1,651,273