The "Comfort Rule" (30% of net income) leaves more room for savings and emergencies compared to the "Bank Rule" (28% of gross income). Regional Variations (2026 Data)
To comfortably afford a median-priced home in the United States as of April 2026, a household typically needs an annual income of approximately . This figure assumes a 20% down payment and standard mortgage terms, though actual requirements vary significantly based on your local market, existing debt, and down payment size. The Core Affordability Rules how much income is needed to buy a home
How Much House Can I Afford? Complete Calculator Guide for 2026 The "Comfort Rule" (30% of net income) leaves
Spending no more than of gross income on monthly payments. how much income is needed to buy a home