How much house can I afford on $100,000 a year?
Someone earning $100,000 a year, with a modest amount of other monthly debt and a real down payment saved up, wants to know what a lender would actually approve.
Estimated max home price
$340,297
- Max loan amount
- $285,297
- Estimated monthly payment
- $2,333
- Down payment used
- $55,000 (16.16%)
- Housing-cost-to-income ratio
- 28%
Assumptions used
- $100,000 annual income
- $500/month in other debt
- 6.5% interest rate, 30-year term
This uses standard lending ratios (roughly 28% of gross income for housing costs, 36% for total debt) as a guide — actual lender limits vary by credit profile, loan type, and location. Treat this as a starting point for the conversation with a lender, not a pre-approval.
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