Here’s how much house you can afford by salary So for this example we are going to use the average 6% down On a 30 year fixed mortgage And keep your monthly payments under 30% or less With that said for a $400,000 home Your down payment would be $24,000 And on a 30 year fix rate Your monthly payment would be about ****$3,280.58**** Meaning for that to equal only 30% of your income You would need to make $131,240 a year now to save fast for that home I’ve created a free list of the best high yield savings savings account in my bio Follow for more!