Home affordability is a delicate balance – the most gentle of consumer dances – between your personal budget, home prices in your area, what you need out of the house, and your future financial goals. Yes! The goals you have for your future after you buy the home. So, how much house can I afford with 100k salary? Let's find out. Trying to determine how much home you can afford on a $100k salary? Once you're done with this post, here's a great calculator so you can play around with your own numbers and determine your true home affordability amount. Let's say you make $100,000 BEFORE taxes. To keep this clean and simple, we could use a variety of popular quick formulas to ascertain how much house we'd be able to purchase. The 3-4x rule: Many like to take their pre-tax income and multiply it by 3 (or 4 if you have really low debt) to get a broad number for how much house they can afford. Using this calculation, a person making $100k annually could purchase a home between $3-$400k purchase...
