How Much Mortgage Can I Afford on My Salary?

by Peter Warden

How much mortgage can you afford on your salary? Most buyers borrow roughly 4 to 4.5 times their income, but your debt, down payment, and mortgage rate all move the number. Here's how it works.

Categories

Recent Posts

AI’s housing impact is strong — but highly localized
AI’s housing impact is strong — but highly localized
Green Brick seizes a margin edge as a land and product outlier
Green Brick seizes a margin edge as a land and product outlier
Regulators move to narrow CRA, drawing fire from advocates
Regulators move to narrow CRA, drawing fire from advocates
Retired judges challenge Tuccori opt-in commission suit settlements
Retired judges challenge Tuccori opt-in commission suit settlements
Who decides where listings show up, Zillow, Compass or the MLS?
Who decides where listings show up, Zillow, Compass or the MLS?
How Compass used technology to chart its course to the top
How Compass used technology to chart its course to the top
Fed hawks are on the war path, sending mortgage rates higher
Fed hawks are on the war path, sending mortgage rates higher
ICE posts strongest quarter for mortgage tech since 2022
ICE posts strongest quarter for mortgage tech since 2022
Every real estate agent has AI now, how sellers spot real expertise
Every real estate agent has AI now, how sellers spot real expertise

Share on Social Media

Stephanie Rhodes
Stephanie Rhodes

State Designated Broker | License ID: BK3419257

+1(813) 245-9524 | stephanie@yrealtyinc.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Stephanie Rhodes, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.