How much home can you afford with a 20% down payment?
First find Monthly Gross Income in the left column.  Then read across to find the sales price for the corresponding interest rate.

4.5%

5.0%

5.5%

6.0%

6.5%

7.0%

7.5%

8.0%

8.5%

9.0%

9.5%

10.0%

10.5%

$2,000

$111k

$106k

$101k

$97k

$93k

$90k

$86k

$83k

$80k

$77k

$74k

$71k

$69k

$2,500

$138k

$132k

$127k

$122k

$117k

$112k

$108k

$104k

$100k

$96k

$93k

$89k

$86k

$3,000

$166k

$159k

$152k

$146k

$140k

$134k

$129k

$124k

$120k

$115k

$111k

$107k

$104k

$3,500

$193k

$185k

$177k

$170k

$163k

$157k

$151k

$145k

$140k

$134k

$130k

$125k

$121k

$4,000

$221k

$212k

$203k

$194k

$187k

$179k

$172k

$166k

$159k

$154k

$148k

$143k

$138k

$4,500

$249k

$238k

$228k

$219k

$210k

$202k

$194k

$186k

$179k

$173k

$167k

$161k

$155k

$5,000

$276k

$265k

$253k

$243k

$233k

$224k

$215k

$207k

$199k

$192k

$185k

$179k

$173k

$5,500

$304k

$291k

$279k

$267k

$257k

$246k

$237k

$228k

$219k

$211k

$204k

$197k

$190k

$6,000

$332k

$317k

$304k

$292k

$280k

$269k

$258k

$248k

$239k

$230k

$222k

$214k

$207k

$6,500

$359k

$344k

$330k

$316k

$303k

$291k

$280k

$269k

$259k

$250k

$241k

$232k

$224k

$7,000

$387k

$370k

$355k

$340k

$327k

$314k

$301k

$290k

$279k

$269k

$259k

$250k

$242k

$7,500

$414k

$397k

$380k

$365k

$350k

$336k

$323k

$311k

$299k

$288k

$278k

$268k

$259k

$8,000

$442k

$423k

$406k

$389k

$373k

$358k

$344k

$331k

$319k

$307k

$296k

$286k

$276k

$8,500

$470k

$450k

$431k

$413k

$396k

$381k

$366k

$352k

$339k

$326k

$315k

$304k

$293k

$9,000

$497k

$476k

$456k

$438k

$420k

$403k

$387k

$373k

$359k

$346k

$333k

$322k

$311k

$9,500

$525k

$503k

$482k

$462k

$443k

$426k

$409k

$393k

$379k

$365k

$352k

$339k

$328k

$10,000

$553k

$529k

$507k

$486k

$466k

$448k

$430k

$414k

$399k

$384k

$370k

$357k

$345k

Contact Sue for more information.  Numbers calculated assuming a 30% housing ratio, average consumer debt, and a 20% down payment.  A 30% housing ratio is not available on all loan programs.

Click here if you are interested in seeing how much
your monthly payments would be.


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