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How Much House Can I Afford on $100k?

Enter your debts, down payment, and interest rate to get a personalized max home price — not a rule-of-thumb guess.

About this tool

This calculator starts with your $100k gross income and works through the 28/36 and FHA 36/50 DTI guidelines to produce the actual maximum home price your lender will approve — with full PITI breakdown and a three-scenario comparison.

🏠Exact max home price for your income and debts
📊Full PITI breakdown — principal, interest, tax, insurance, HOA
🚦Front-end and back-end DTI with color-coded limit flags
🏦Three scenarios: conservative, standard, and FHA stretch
💰Works for any income — defaults preset to $100k for quick start

How to use it

Quick steps to get the most out of this utility.

  1. 1

    Leave income at $100,000

    Or adjust to your actual gross annual income.

  2. 2

    Enter monthly debts

    Car payments, student loans, minimum credit card payments — everything except housing.

  3. 3

    Set down payment

    Percentage or flat amount. 20% avoids PMI; 3.5% is the FHA minimum.

  4. 4

    Fill rate and term

    Current 30-year fixed is around 6.5–7.5% — use your quoted rate if you have one.

  5. 5

    Read your number

    Max price, monthly PITI, and DTI ratios update instantly across all three scenarios.

$100k salary home buying: what lenders actually approve

The most common question in home buying is how the lender's DTI math translates to a real number you can search for on Zillow. At $100k, your gross monthly income is $8,333. Standard 31/43 DTI means the lender allows up to $2,583/month for housing (front-end). Subtract property tax, insurance, and HOA, and the remaining principal + interest payment determines the loan size — which divided by (1 − down payment%) gives you the home price.

At $100k income, the difference between 7% and 6% rate is roughly $40,000–$50,000 in buying power. If rates drop while you are looking, re-run this calculator immediately.

Frequently asked questions

How much house can I afford on $100k salary with no debt?+

With $100k income, $0 existing debts, 20% down, 7% rate, 1.2% property tax, and standard 31/43 DTI, you can afford roughly $380,000–$420,000. The conservative 28/36 DTI brings it to about $320,000–$360,000. FHA-stretch 36/50 DTI reaches ~$450,000–$490,000. These are starting ranges — your actual property tax rate and HOA have a significant effect.

What if I have $400/month in car payments — does that change the max price much?+

Yes, meaningfully. With standard 31/43 DTI, $400/month in debts reduces your max back-end housing allowance by $400, which at 7% for 30 years corresponds to roughly $55,000–$60,000 less home you can afford. Higher debt loads push you toward the back-end DTI ceiling first.

Is 3× my salary a reliable rule for home buying?+

The "3× salary" rule is a rough heuristic from lower-rate eras. At 7% interest rates, 3× income ($300k on $100k) is actually conservative — most 28/36 DTI calculations allow $320k–$380k at current rates. The rule matters more as a sanity check on your comfort level than as a lender limit.

Do lenders use gross or net income for DTI?+

Lenders use gross (pre-tax) income for DTI calculations. Your actual take-home is less, which is why a 28% front-end DTI on gross can feel tight month-to-month. When budgeting personally, also run the numbers against your net take-home pay to ensure the payment is comfortable, not just approvable.

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