Buying a home2 min read · Updated October 19, 2026
How much house can you afford on a $100,000 income?
A rough home price range on $100,000 income at 6%, 6.5% and 7% rates, using the 28% rule and a 20% down payment.
Rough price by rate
| Rate | Home price |
| 6% | $391,000 |
| 6.5% | $375,000 |
| 7% | $360,000 |
Assumes a 30-year loan, 20% down, and property tax plus insurance of 1.4% of the price a year.
The 28% rule
Many lenders look for housing costs near 28% of gross income. They also check your total debt payments, often against about 36% to 43%. Your own budget may point lower.
What else to count
Closing costs, repairs and moving costs. With less than 20% down, add mortgage insurance.
Common questions
How much house can I afford on $100,000?
Roughly $375,000 at 6.5% with 20% down, using the 28% rule. Your debts and local costs change this.
Is the 28% rule a limit?
No. It is a common guide. Lenders also look at your other debts.