i make $60,000 a year how much house can i afford

Of course, I'm here to help. What would you like to calculate?

As a rule of thumb, one can generally afford a house that's about 2.5 to 3 times their gross income. So in your case, it would be around $150,000 to $180,000. But please keep in mind that other factors like debts, lifestyle, down payment, interest rates, and terms of the loan also play significant roles.

In that scenario, your affordability might be lower because your other debts are taken into account when determining how much you can borrow. We would need to work out your debt-to-income ratio to get a more precise calculation. This parameter also plays a significant role in the approval of your loan.