Income Required Calculator

Find the household income you need to qualify for a given purchase price, using the federal stress-test rules.

Shopping in a specific price range? This works backward from the home you want to the income a lender needs to see — the reverse of the affordability calculator. A pre-approval confirms the real number against your file.

Have a real scenario? Talk it through — Pre-Approval

Target purchase priceDown payment5% on the first $500k, 10% on the portion above, up to 20%+.Monthly debt paymentsCar loans, credit cards, lines of credit.

$142,478

Household income required

Mortgage amount: $640,000
Monthly housing cost (qualifying): $4,631
Binding ratio: GDS

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Terms, in plain language

Qualifying income: The household income a lender needs to see to approve a given mortgage. It is driven by your housing costs and any other debts you carry.
Stress test: A federal rule that qualifies you at a higher rate than your actual one, so the income required is higher than your raw payment suggests.
GDS / TDS: The two ratios lenders use: GDS caps housing costs at about 39% of income; TDS caps all debt at about 44%. The higher requirement sets the income you need.