Home affordability · 2026 estimate
On a $70,000 salary, the 28/36 rule points to a home around $235,398 — with room to stretch depending on your debt and down payment.
| Gross monthly income | $5,833 |
| Max housing payment (28% of gross) | $1,633 |
| Max total debt (36% of gross) | $2,100 |
| Down payment (10%) | $23,540 |
| Loan amount | $211,858 |
The 28% figure is the conservative target most lenders and budgeters prefer. The 36% figure is the upper limit — reachable only if you have little or no other monthly debt (car loans, student loans, credit cards).
Change any of these — rate, down payment, taxes, or your existing debts — in the full home-affordability calculator. Your actual budget depends on credit score, debts, and local property taxes.
Using the 28% rule, a $70,000 salary supports a home around $235,398 — assuming 6.5% interest, 10% down, and a 30-year loan. If you carry little other debt you might stretch toward $302,654 (the 36% limit). These are estimates; lenders also weigh credit and existing debt.
The 28/36 rule says housing costs should stay under 28% of your gross monthly income, and total debt payments under 36%. On $70,000 a year ($5,833/month), that is $1,633 for housing and $2,100 for all debt combined.
At 10% down on a $235,398 home, you would need about $23,540 up front, plus closing costs. A larger down payment lowers your monthly payment and lets you afford more house.
These are 2026 estimates using the 28/36 rule and the assumptions above. They are not a mortgage pre-approval or lending offer. Interest rates, property taxes, insurance, HOA fees, and your own debts and credit will change what you can actually borrow. Talk to a lender for a real pre-approval.
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