# How Much I Can Afford A House

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To determine ‘how much house can I afford,’ use the 36% rule, which states your monthly mortgage expenses and other debt payments shouldn’t exceed 36% of your gross monthly income. If you earn \$5,500.

Home prices are near the highest they’ve been in the past decade. That means if you’re house hunting, finding something affordable is getting harder to do because like most people, you’ve probably got.

The usual rule of thumb is that you can afford a mortgage two to 2.5 times your annual income. That’s a \$120,000 to \$150,000 mortgage at \$60,000. You also have to be able to afford the monthly.

Buying a house involves one of the toughest equations you'll ever solve – how much can you truly afford? We'll help you do the math.

Use our home affordability calculator to figure out how much house you can afford.

How much rent can you really afford? This rent affordability calculator from Zillow uses your specific financial situation to help you decide.

How much house can I afford with my salary? This page was made for people making \$100,000 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 \$100,000 go further! We have lots of good tips on how to NOT waste your money.

Generally speaking, most prospective homeowners can afford to finance a property that costs between two and two and a half times their gross income. Under this formula, a person earning \$100,000.

Zillow’s Home Affordability Calculator will help you determine how much house you can afford by analyzing your income, debt, and the current mortgage rates.

To determine ‘how much house can I afford,’ use the 36% rule, which states your monthly mortgage expenses and other debt payments shouldn’t exceed 36% of your gross monthly income. If you earn.