how much house should i buy based on income

The amount of house you can afford based on your income will depend on various factors such as your current financial situation, monthly expenses, credit score, and the prevailing interest rates.

As a general rule, your housing expenses should not exceed 28% of your gross monthly income. This includes your mortgage payments, property taxes, and insurance. Additionally, your total monthly debt payments, including credit cards and other loans, should not exceed 36% of your gross monthly income.

It's also important to consider other expenses that come with homeownership such as maintenance and repair costs, homeowners association fees, and utilities.

Before making any decisions, it's a good idea to speak with a financial advisor or mortgage lender who can help you determine the right amount of house to buy based on your income and other financial factors.