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How much house can I afford if I make $75,000 a year?
I make 75K a year. How much house can I afford?

Based on the salary information you provided and the assumptions we have made below, this is the price of the most expensive house you can afford to buy:


Your monthly cost to cover principal, interest, taxes, and insurance ( PITI) for your new home will be $

Your mortgage will be:

The information above is based on the information in the boxes below. You can can edit our numbers below to match your financial situation and then press "Recalculate" to get a better idea of how much you can afford.

Yearly Income:

Down Payment:

Current Monthly Debt Payments:

Interest Rate:

Life of Mortgage (Years):

Note that all calculation results above are rounded to the nearest integer. The monthly cost is not the same as your mortgage payment if you pay insurance and property tax separately.

How did Research Maniacs calculate how much house you can afford if you make $75,000?

Research Maniacs checked with different financial institutions and found that most mortgage lenders do not allow more than 36 percent of a gross income of $75,000 to cover the total cost of debt payment(s), insurance, and property tax.

Thus, in doing our calculations here, we assumed 2 percent for insurance and property tax and 34 percent for principal and interest. Any down payment you have will increase how much house you can afford, and any other current debt payments will decrease how much house you can buy.

You may also be interested in our Mortgage FAQ page.

More information from Research Maniacs:

How much house can I afford with my salary?
This page was made for people making $75,000 a year and want to know how much house they can afford. If your yearly salary is different, check out this page.

Don't waste your money!
Make your $75,000 go further! We have lots of good tips on how to NOT waste your money.

How much house can I afford if I make $76,000 a year?


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