How Much House Can You Afford in New Hampshire?
Lenders typically use the 28/36 rule: your monthly housing payment should not exceed 28% of gross monthly income, and total debt payments should stay under 36%. With New Hampshire's median income of $85,000/year ($7,083/month), that means a maximum housing payment of roughly $1,983/month.
At 6.82% over 30 years with a 10% down payment ($45,000), that monthly budget supports a purchase price of approximately $427,500–$450,000. The median home price in New Hampshire is $450,000, which means housing is near the national average.