Income needed by home price
How much income do I need to buy a house in Florida?
Find the price you're looking at. Each figure is the gross monthly income the calculator needs at a 650 credit score with $400 in other monthly debts and a 5.75% rate, using Florida's statewide tax and insurance estimates. Check any price with your own numbers in the price check.
| Home price | FHA | Conventional | VA |
|---|---|---|---|
| $150,000 | $3,000 a month | $3,560 a month | $3,710 a month |
| $175,000 | $3,290 a month | $3,930 a month | $3,910 a month |
| $200,000 | $3,590 a month | $4,290 a month | $4,110 a month |
| $225,000 | $3,890 a month | $4,660 a month | $4,310 a month |
| $250,000 | $4,230 a month | $5,030 a month | $4,510 a month |
| $275,000 | $4,590 a month | $5,390 a month | $4,710 a month |
| $300,000 | $4,950 a month | $5,760 a month | $4,910 a month |
| $325,000 | $5,310 a month | $6,120 a month | $5,110 a month |
| $350,000 | $5,670 a month | $6,490 a month | $5,310 a month |
| $375,000 | $6,040 a month | $6,850 a month | $5,510 a month |
| $400,000 | $6,400 a month | $7,220 a month | $5,710 a month |
| $425,000 | $6,760 a month | $7,580 a month | $5,910 a month |
| $450,000 | $7,120 a month | $7,950 a month | $6,110 a month |
| $475,000 | $7,480 a month | $8,320 a month | $6,320 a month |
| $500,000 | $7,850 a month | $8,680 a month | $6,520 a month |
| $525,000 | $8,210 a month | $9,050 a month | $6,720 a month |
| $550,000 | $8,570 a month | $9,410 a month | $6,920 a month |
| $575,000 | Above the limit | $9,780 a month | $7,120 a month |
| $600,000 | Above the limit | $10,140 a month | $7,320 a month |
AAA Capital Funding, Inc. · Mortgage broker since 1997
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4.9 on GoogleBBB A+NMLS #374739 · Jason J. Sarji NMLS #374700Fort Lauderdale, FL