#####
How Much Do I Need To Make To Afford a 380,000 Mortgage?

This calculator estimates the income required to get a $380,000 mortgage. It calculates the monthly payment for a 380k mortgage based on the interest rate given. Then it calculates the income needed using the mortgage payment and the percentage of income spent on the payment.

#####
How Much Do I Need to Afford a $380,000 House?

This calculator determines the amount needed to afford a mortgage without considering a down payment. For example, if you want to buy a 380,000 house, subtract the down payment from the home price and use that number as the mortgage amount.

Home Price |
Down Payment |
Mortgage Amount |

380,000 |
76,000 |
304,000 |

#####
How Do Interest Rates Affect Affordability?

See below how the income required for a 380k mortgage changes based on the interest rate.

Mortgage Amount |
Rate |
Percentage of Income Spent |
Mortgage Payment |
Annual Income Needed |

380,000 |
3.00% |
28% |
$1,602 |
$68,661 |

380,000 |
3.50% |
28% |
$1,706 |
$73,130 |

380,000 |
4.00% |
28% |
$1,814 |
$77,750 |

380,000 |
4.50% |
28% |
$1,925 |
$82,517 |

380,000 |
5.00% |
28% |
$2,040 |
$87,425 |

380,000 |
5.50% |
28% |
$2,158 |
$92,468 |

380,000 |
6.00% |
28% |
$2,278 |
$97,641 |

380,000 |
6.50% |
28% |
$2,402 |
$102,937 |

380,000 |
7.00% |
28% |
$2,528 |
$108,349 |

380,000 |
7.50% |
28% |
$2,657 |
$113,872 |

380,000 |
8.00% |
28% |
$2,788 |
$119,499 |

##### More Mortgage Amounts

$381,000 |

$382,000 |

$383,000 |

$384,000 |

$385,000 |

$386,000 |

$387,000 |

$388,000 |

$389,000 |

$390,000 |

$391,000 |

$392,000 |

$393,000 |

$394,000 |

$395,000 |

$396,000 |

$397,000 |

$398,000 |

$399,000 |

$400,000 |

$401,000 |

$402,000 |

$403,000 |

$404,000 |

$405,000 |

$406,000 |

$407,000 |

$408,000 |

$409,000 |

$410,000 |

$411,000 |

$412,000 |

$413,000 |

$414,000 |

$415,000 |

$416,000 |

$417,000 |

$418,000 |

$419,000 |

$420,000 |