How Much House Can I Afford With $100k Salary?

A common rule of thumb is to spend no more than 28% of your gross income on housing (principal, interest, taxes, insurance). On a $100,000 salary, that’s about $2,333 per month.

Quick estimate

28% rule: $100,000 × 0.28 / 12 ≈ $2,333/month for PITI.
Your exact number depends on property taxes, insurance, HOA, and other debt. Lenders also look at total debt (often “36% rule” for housing + other debt).

Use our mortgage calculator and enter different home prices and down payments to see what monthly payment you get. Then compare that to your budget.

What affects affordability

Down payment – A larger down payment lowers the loan amount and often removes PMI.
Interest rate – Higher rates mean a higher payment for the same loan amount.
Property tax and insurance – These vary by location and add to your monthly cost.
Other debt – Car loans, student loans, and credit cards reduce how much lenders will allow for housing.

Next steps

Use our calculator with your target price and down payment.
See what monthly PITI you get.
Compare that to 28% of your gross income (and your own budget).
Talk to a lender for a pre-approval based on your full financial picture.

This is for informational purposes only and not financial advice.