Can I Afford a 148k House?

Use the calculator to see if you can afford a 148,000 home
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*Financial advisors recommend purchasing a house where your monthly payment is approximately 28% of your total income.
Can I afford to buy a 148k House? How much do I need to make to buy a $148000 home or apartment? Use this calculator to estimate how much of a mortgage you can get. This is a very rough estimate and many more factors go into mortgage underwriting. The easiest way to determine how much home you can afford is to speak with a mortgage banker and get a preapproval for a mortgage.

This calculator starts with a fixed 30 year mortgage with current interest rates. Different loan lengths, such as a 15 year fixed, or a different APR will affect mortgage affordability.
Percentage of Income Spent for a $148,000 Home. 7.17% APR for 30 Years with a $29,600 Down Payment
Annual Income Monthly Payment % of Income Spent on Mortgage
20k Income 801.28 48.1%
21k Income 801.28 45.8%
22k Income 801.28 43.7%
23k Income 801.28 41.8%
24k Income 801.28 40.1%
25k Income 801.28 38.5%
26k Income 801.28 37.0%
27k Income 801.28 35.6%
28k Income 801.28 34.3%
29k Income 801.28 33.2%
30k Income 801.28 32.1%
31k Income 801.28 31.0%
32k Income 801.28 30.0%
33k Income 801.28 29.1%
34k Income 801.28 28.3%
35k Income 801.28 27.5%
36k Income 801.28 26.7%
37k Income 801.28 26.0%
38k Income 801.28 25.3%
39k Income 801.28 24.7%
40k Income 801.28 24.0%
41k Income 801.28 23.5%
42k Income 801.28 22.9%
43k Income 801.28 22.4%
44k Income 801.28 21.9%
45k Income 801.28 21.4%
46k Income 801.28 20.9%
47k Income 801.28 20.5%
48k Income 801.28 20.0%
49k Income 801.28 19.6%
50k Income 801.28 19.2%
51k Income 801.28 18.9%
52k Income 801.28 18.5%
53k Income 801.28 18.1%
54k Income 801.28 17.8%
55k Income 801.28 17.5%
56k Income 801.28 17.2%
57k Income 801.28 16.9%
58k Income 801.28 16.6%
59k Income 801.28 16.3%
60k Income 801.28 16.0%
61k Income 801.28 15.8%
62k Income 801.28 15.5%
63k Income 801.28 15.3%
64k Income 801.28 15.0%
65k Income 801.28 14.8%
66k Income 801.28 14.6%
67k Income 801.28 14.4%
68k Income 801.28 14.1%
69k Income 801.28 13.9%
70k Income 801.28 13.7%
71k Income 801.28 13.5%
72k Income 801.28 13.4%
73k Income 801.28 13.2%
74k Income 801.28 13.0%
75k Income 801.28 12.8%
76k Income 801.28 12.7%
77k Income 801.28 12.5%
78k Income 801.28 12.3%
79k Income 801.28 12.2%
80k Income 801.28 12.0%
81k Income 801.28 11.9%
82k Income 801.28 11.7%
83k Income 801.28 11.6%
84k Income 801.28 11.4%
85k Income 801.28 11.3%
86k Income 801.28 11.2%
87k Income 801.28 11.1%
88k Income 801.28 10.9%
89k Income 801.28 10.8%
90k Income 801.28 10.7%
91k Income 801.28 10.6%
92k Income 801.28 10.5%
93k Income 801.28 10.3%
94k Income 801.28 10.2%
95k Income 801.28 10.1%
96k Income 801.28 10.0%
97k Income 801.28 9.9%
98k Income 801.28 9.8%
99k Income 801.28 9.7%
100k Income 801.28 9.6%
101k Income 801.28 9.5%
102k Income 801.28 9.4%
103k Income 801.28 9.3%
104k Income 801.28 9.2%
105k Income 801.28 9.2%
106k Income 801.28 9.1%
107k Income 801.28 9.0%
108k Income 801.28 8.9%
109k Income 801.28 8.8%
110k Income 801.28 8.7%
Annual Income Monthly Payment % of Income Spent on Mortgage
111k Income 801.28 8.7%
112k Income 801.28 8.6%
113k Income 801.28 8.5%
114k Income 801.28 8.4%
115k Income 801.28 8.4%
116k Income 801.28 8.3%
117k Income 801.28 8.2%
118k Income 801.28 8.1%
119k Income 801.28 8.1%
120k Income 801.28 8.0%
121k Income 801.28 7.9%
122k Income 801.28 7.9%
123k Income 801.28 7.8%
124k Income 801.28 7.8%
125k Income 801.28 7.7%
126k Income 801.28 7.6%
127k Income 801.28 7.6%
128k Income 801.28 7.5%
129k Income 801.28 7.5%
130k Income 801.28 7.4%
131k Income 801.28 7.3%
132k Income 801.28 7.3%
133k Income 801.28 7.2%
134k Income 801.28 7.2%
135k Income 801.28 7.1%
136k Income 801.28 7.1%
137k Income 801.28 7.0%
138k Income 801.28 7.0%
139k Income 801.28 6.9%
140k Income 801.28 6.9%
141k Income 801.28 6.8%
142k Income 801.28 6.8%
143k Income 801.28 6.7%
144k Income 801.28 6.7%
145k Income 801.28 6.6%
146k Income 801.28 6.6%
147k Income 801.28 6.5%
148k Income 801.28 6.5%
149k Income 801.28 6.5%
150k Income 801.28 6.4%
151k Income 801.28 6.4%
152k Income 801.28 6.3%
153k Income 801.28 6.3%
154k Income 801.28 6.2%
155k Income 801.28 6.2%
156k Income 801.28 6.2%
157k Income 801.28 6.1%
158k Income 801.28 6.1%
159k Income 801.28 6.0%
160k Income 801.28 6.0%
161k Income 801.28 6.0%
162k Income 801.28 5.9%
163k Income 801.28 5.9%
164k Income 801.28 5.9%
165k Income 801.28 5.8%
166k Income 801.28 5.8%
167k Income 801.28 5.8%
168k Income 801.28 5.7%
169k Income 801.28 5.7%
170k Income 801.28 5.7%
171k Income 801.28 5.6%
172k Income 801.28 5.6%
173k Income 801.28 5.6%
174k Income 801.28 5.5%
175k Income 801.28 5.5%
176k Income 801.28 5.5%
177k Income 801.28 5.4%
178k Income 801.28 5.4%
179k Income 801.28 5.4%
180k Income 801.28 5.3%
181k Income 801.28 5.3%
182k Income 801.28 5.3%
183k Income 801.28 5.3%
184k Income 801.28 5.2%
185k Income 801.28 5.2%
186k Income 801.28 5.2%
187k Income 801.28 5.1%
188k Income 801.28 5.1%
189k Income 801.28 5.1%
190k Income 801.28 5.1%
191k Income 801.28 5.0%
192k Income 801.28 5.0%
193k Income 801.28 5.0%
194k Income 801.28 5.0%
195k Income 801.28 4.9%
196k Income 801.28 4.9%
197k Income 801.28 4.9%
198k Income 801.28 4.9%
199k Income 801.28 4.8%
200k Income 801.28 4.8%
201k Income 801.28 4.8%