Typically your monthly house payment shouldn't be more than around 28 to 30 percent of your total monthly gross income (before taxes)
Your total monthly debt (including house payment, car loans, credit card, etc) should not be more than 36 to 40 percent of your gross income.
When considering house payment amounts include Principal, Interest, Taxes, and Insurance: PITI.
Gross Annual Income | Maximum Monthly Payment House only 28 % | Maximum Monthly Payment Total Debt 36 % |
$ 35,000 | $ 816 | $ 1050 |
$ 40,000 | $ 933 | $ 1200 |
$ 45,000 | $ 1050 | $ 1350 |
$ 50,000 | $ 1167 | $ 1500 |
$ 55,000 | $ 1283 | $ 1650 |
$ 60,000 | $1400 | $ 1800 |
$ 65,000 | $ 1516 | $ 1980 |
$ 70,000 | $ 1633 | $ 2100 |
$ 75,000 | $ 1750 | $ 2250 |
$ 80,000 | $ 1867 | $ 2400 |
$85,000 | $ 1983 | $ 2550 |
$90,000 | $ 2100 | $ 2700 |
$ 95,000 | $ 2216 | $ 2850 |
$100,000 | $ 2333 | $ 3000 |
$120,000 | $ 2800 | $ 3600 |
$130,000 | $ 3033 | $ 3900 |
$140,000 | $ 3266 | $ 4200 |
$150,000 | $ 3500 | $ 4500 |
$160,000 | $ 3733 | $ 4800 |
$170,000 | $ 3966 | $ 5100 |
$180,000 | $ 4200 | $ 5400 |
$190,000 | $ 4433 | $ 5700 |
$200,000 | $ 4666 | $ 6000 |