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How Much Home You Can ACTUALLY Afford in 2024 (By Salary)insurance-florida.org � blog � how-much-house-can-i-afford-withk-. With a $60K salary, you should qualify based on your income. There are also national down payment assistance programs, which are available to. The rule of thumb is your mortgage should be < 30% of your net income. So , divided by 30% = , You need a net monthly income of.