Most Expensive House With a $48,000 Income

What's the most expensive house you can afford with an income of $48,000? This page will calculate the most expensive house you can buy with a $48k 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 $208,256.

Your monthly payment would be $1,120.

What House Can You Buy On $48,000 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 $221,044 $214,704 $208,635 $202,824 $197,256 $191,921 $186,807 $181,902 $177,196 $172,680 $168,344 $164,180 $160,180
$4,800 $225,844 $219,504 $213,435 $207,624 $202,056 $196,721 $191,607 $186,702 $181,996 $177,480 $173,144 $168,980 $164,980
$9,600 $230,644 $224,304 $218,235 $212,424 $206,856 $201,521 $196,407 $191,502 $186,796 $182,280 $177,944 $173,780 $169,780
$14,400 $235,444 $229,104 $223,035 $217,224 $211,656 $206,321 $201,207 $196,302 $191,596 $187,080 $182,744 $178,580 $174,580
$19,200 $240,244 $233,904 $227,835 $222,024 $216,456 $211,121 $206,007 $201,102 $196,396 $191,880 $187,544 $183,380 $179,380
$24,000 $245,044 $238,704 $232,635 $226,824 $221,256 $215,921 $210,807 $205,902 $201,196 $196,680 $192,344 $188,180 $184,180
$28,800 $249,844 $243,504 $237,435 $231,624 $226,056 $220,721 $215,607 $210,702 $205,996 $201,480 $197,144 $192,980 $188,980
$33,600 $254,644 $248,304 $242,235 $236,424 $230,856 $225,521 $220,407 $215,502 $210,796 $206,280 $201,944 $197,780 $193,780
$38,400 $259,444 $253,104 $247,035 $241,224 $235,656 $230,321 $225,207 $220,302 $215,596 $211,080 $206,744 $202,580 $198,580
$43,200 $264,244 $257,904 $251,835 $246,024 $240,456 $235,121 $230,007 $225,102 $220,396 $215,880 $211,544 $207,380 $203,380
$48,000 $269,044 $262,704 $256,635 $250,824 $245,256 $239,921 $234,807 $229,902 $225,196 $220,680 $216,344 $212,180 $208,180
$52,800 $273,844 $267,504 $261,435 $255,624 $250,056 $244,721 $239,607 $234,702 $229,996 $225,480 $221,144 $216,980 $212,980
$57,600 $278,644 $272,304 $266,235 $260,424 $254,856 $249,521 $244,407 $239,502 $234,796 $230,280 $225,944 $221,780 $217,780
$62,400 $283,444 $277,104 $271,035 $265,224 $259,656 $254,321 $249,207 $244,302 $239,596 $235,080 $230,744 $226,580 $222,580
$67,200 $288,244 $281,904 $275,835 $270,024 $264,456 $259,121 $254,007 $249,102 $244,396 $239,880 $235,544 $231,380 $227,380
$72,000 $293,044 $286,704 $280,635 $274,824 $269,256 $263,921 $258,807 $253,902 $249,196 $244,680 $240,344 $236,180 $232,180