What mortgage can I afford on 80k salary?

If you make \$80,000 a year, you should be looking at homes priced between \$240,000 and \$320,000.
To further limit this range, figure out a comfortable monthly mortgage payment by taking your monthly after-tax income, subtracting all current debt payments, and then multiplying that number by 25%.

How much house can I afford 40k salary?

The 36% Rule
Gross Income 28% of Monthly Gross Income 36% of Monthly Gross Income
\$20,000 \$467 \$600
\$30,000 \$700 \$900
\$40,000 \$933 \$1,200
\$50,000 \$1,167 \$1,500

What is the monthly payment on a \$600000 mortgage?

Monthly Payment For a \$600,000 Mortgage With a 5% down payment (\$30,000) and an interest rate of 6%, you would pay \$3417 monthly for a 30-year fixed-rate loan, not including taxes and insurance. For a 15-year fixed-rate loan, it would be \$480

You would pay \$3417 monthly for a 30-year fixed-rate loan, not including taxes and insurance, with a 5% down payment (\$30,000) and an interest rate of 6%. For a 15-year fixed-rate loan, it would be \$480

With a 5% down payment (\$30,000), an interest rate of 6%, and not including taxes and insurance, you would pay \$3417 monthly for a 30-year fixed-rate loan. It would be \$4809 for a 15-year fixed-rate loan.

How much house can I get for \$4000 a month?

High balance conforming loans allow buyers to purchase homes with a 20% down payment and values between \$685,314 and \$1,027,96
The final sales price of a home would need to be no greater than \$905,750 in order to have a monthly mortgage of \$4,000.
This information is accurate as of November 30th, 2020.

How much is a \$800000 house per month?

At a 4% fixed interest rate, your monthly mortgage payment on a 30-year mortgage might total \$3,8132 a month.
A 15-year mortgage might cost \$5,9150 a month.