How much house can I afford on a $300,000 salary?
On a $300,000 salary, you can afford a home priced $1.0M–$1.4M with 20% down at 6.5%. Mortgage P&I runs $5,057–$7,080/month. At this income, the 28/36 ratios rarely bind — lenders care more about jumbo loan limits ($766,550 in most areas) and reserves.
More context
On a $300,000 salary, you can afford a home priced $1.0M–$1.4M with 20% down at 6.5%. Mortgage P&I runs $5,057–$7,080/month. At this income, the 28/36 ratios rarely bind — lenders care more about jumbo loan limits ($766,550 in most areas) and reserves. The exact answer depends on your specific situation — the numbers above are a strong starting point, but the right next step is to plug in your actual figures.
For a deeper analysis, use one of the related tools below — they take your specific income, debt, location, and goals as inputs and produce a tailored answer.