Massachusetts House Affordability Calculator
Estimate what you can afford in Massachusetts using state-specific property taxes, debt-to-income limits, and financing assumptions.
As of 2026 · Massachusetts state data: Massachusetts Department of Revenue
Affordability examples by income (Massachusetts)
| Income | Max home price | Monthly housing | Down payment |
|---|---|---|---|
| $60,000 | $176,994.64 | $1,100 | $35,398.93 |
| $80,000 | $273,537.17 | $1,700 | $54,707.43 |
| $100,000 | $370,079.70 | $2,300 | $74,015.94 |
| $120,000 | $450,531.81 | $2,800 | $90,106.36 |
| $150,000 | $563,164.76 | $3,500 | $112,632.95 |
Affordability inputs
Affordability result summary
Based on your income of $100,000 in Massachusetts, you can afford a home up to $370,079.70 with a monthly housing payment of $2,300.
Max home price
$370,079.70
Max loan amount
$296,063.76
Down payment
$74,015.94
Adjusted mortgage rate
6.50%
Property tax rate
1.04%
Estimated take-home (monthly)
$6,199.99
Monthly payment breakdown
Principal + Interest
$1,871.32
Property tax
$320.74
Insurance
$107.94
HOA
$0
Total housing
$2,300
Comfortable vs Stretch vs Maximum
| Range | Monthly budget | Home price | Down payment needed |
|---|---|---|---|
| Comfortable | $1,840 | $296,063.76 | $59,212.75 |
| Stretch | $2,070 | $333,071.73 | $66,614.35 |
| Maximum | $2,300 | $370,079.70 | $74,015.94 |
AI explains your result
FinCalc AI
State tax impact comparison
In Texas vs Massachusetts, the same inputs change max affordability by -$25,847.90, with monthly property tax changing by $138.24.
Texas vs California affordability gap with these inputs: -$42,981.57.
After-tax affordability check
Housing consumes 37.1% of estimated take-home pay, leaving $3,199.99/month after housing and existing debts.
State median home price benchmark: $690,000. Your max is -46.4% vs median.
Buying a home in Massachusetts
Lenders qualify Massachusetts buyers on gross income, but the budget that actually pays the mortgage is net of state income tax that reaches 9.00% at the top — a few percentage points of headroom that a pre-approval letter quietly assumes you have. Property tax adds a second, permanent layer at roughly 1.04% of assessed value per year.
A buyer earning $100,000 with $600 monthly recurring debt, 20% down, and a 6.5% 30-year fixed mortgage can typically afford a home up to about $375,443.17 in Massachusetts, with an estimated monthly housing cost around $2,333.33. The 2026 median single-family home price in Massachusetts is around $690,000.
The 1.04% property tax used here is a statewide effective average — actual bills are set at the county and city level and can differ substantially within Massachusetts. Verify with Massachusetts Department of Revenue (https://www.mass.gov/info-details/massachusetts-tax-rates) and the county assessor before setting a price ceiling.
Massachusetts home affordability — FAQ
How much house can I afford on $60K in Massachusetts?
On a $60,000 annual income in Massachusetts (single filer, 60% DTI from debt, 20% down, 30-year fixed at 6.5%, good credit, 2026), estimated max home price is around $225,265.90 with a monthly housing payment near $1,400. That breaks down to about $1,139.07 principal & interest, $195.23 property tax, and $65.70 insurance per month.
How much house can I afford on $100K in Massachusetts?
On a $100,000 annual income in Massachusetts (single filer, 60% DTI from debt, 20% down, 30-year fixed at 6.5%, good credit, 2026), estimated max home price is around $375,443.17 with a monthly housing payment near $2,333.33. That breaks down to about $1,898.44 principal & interest, $325.38 property tax, and $109.50 insurance per month.
How much house can I afford on $150K in Massachusetts?
On a $150,000 annual income in Massachusetts (single filer, 60% DTI from debt, 20% down, 30-year fixed at 6.5%, good credit, 2026), estimated max home price is around $563,164.76 with a monthly housing payment near $3,500. That breaks down to about $2,847.67 principal & interest, $488.08 property tax, and $164.26 insurance per month.
What is the property tax rate in Massachusetts?
Massachusetts's effective property tax rate is approximately 1.04% of assessed home value annually. That is close to the US national median. On a $690,000 home, expect roughly $7,176 per year in property tax.
What is the median home price in Massachusetts?
The 2026 median single-family home price in Massachusetts is around $690,000. With 20% down that means a down payment near $138,000 and a financed amount of about $552,000. Prices vary widely by metro — coastal and urban areas typically exceed the state median by 30%–60%.
Is Massachusetts good for first-time homebuyers?
Massachusetts state income tax reduces take-home pay, which lenders factor into debt-to-income ratios. Property tax at 1.04% is in line with the national average. Massachusetts first-time buyers may qualify for state-administered down-payment-assistance programs through the state housing finance agency.
What's the 28/36 rule and how does it apply in Massachusetts?
Lenders typically cap front-end DTI (housing payment / gross monthly income) at 28% and back-end DTI (housing + all debt / gross monthly income) at 36%. In high-property-tax states like Massachusetts (~1.04% property tax), the front-end ratio binds sooner because property tax and insurance can push monthly housing 25%–35% above pure principal & interest. Use the comfortable, stretch, and maximum ranges above to gauge how aggressive your budget is.
Can I afford more house in Massachusetts or New Hampshire?
On the same $100,000 income, 20% down, 6.5% rate, good credit profile, the estimated max home price is $375,443.17 in Massachusetts vs $349,656.77 in New Hampshire. Massachusetts allows about $25,786.41 more purchasing power — driven mainly by differences in state income tax (affecting take-home) and property tax rates.
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