Calculate Your $350,000 Mortgage
Planning to borrow $350,000 for your home? Our calculator shows exactly what you'll pay each month, how much interest you'll pay over time, and helps you make informed decisions about your home purchase.
Salary requirements and financial profile for $350,000 financing
Minimum Income Required
$94,500
Annual salary needed to qualify
Comfortable Income
$118,000
Recommended for financial comfort
Who This Fits
Established families, senior professionals, successful small business owners, and buyers in competitive markets seeking quality family homes.
A $350k mortgage requires a minimum annual income of $94,500, with $118,000+ recommended for financial comfort. This income level suits senior professionals, successful sales people, small business owners, or dual-income professional couples.
What types of homes and markets align with $350,000 financing
Typical Properties
Spacious 3-4 bedroom family homes, premium condos with amenities, homes in top school districts, or properties with desirable features like pools or large lots.
Market Position
Upper-middle market representing quality family housing. Common in competitive suburban markets and areas with strong job markets.
Key Considerations
Prioritize school districts, neighborhood stability, and long-term growth potential. Properties at this level often include premium features and require higher maintenance budgets.
Explore mortgage calculations for related loan amounts
Common questions about $350,000 mortgages