How much can I borrow with income of 6,000 $ net monthly?



You wish to subscribe a credit to concretize your real estate project? Find out how much you can borrow with net income of 6,000 USD per month.

To find out how much you can borrow from your income, you need to calculate your debt ratio. Banks usually accept 33% of debt which means that a third of your income will be spent on repayment of the credit. Explanations.

Real estate credit: what are the criteria studied by the bank?

Real estate credit: what are the criteria studied by the bank?

If the debt ratio is an element taken into account by the bank to accept or not an application for mortgage credit, it is not the only one. Indeed, other parameters are also important.

The load jump

If you buy a principal residence, the credit institution will want to know the load jump that corresponds to the difference between the current amount paid for your main home and your future monthly payment. If your current rent is 800 USD and your monthly installment is close to 800 USD, the bank will tend to accept a debt ratio higher than 33%.

Presence of savings and banking behavior

The presence of savings shows that you are able to support a recurring charge and reassures the bank. The existence of bank overdrafts, authorized or not, can however strongly penalize the demand and cause the refusal of the file.

The rest to live

The remaining amount corresponds to the remaining income after having paid monthly mortgage payments and current expenses. For example, for income of 6,000 USD per month, a debt ratio of 40% implies a remaining amount of 3,600 USD. If the borrower is single and has no dependent children, the bank will consider that it is entirely possible to repay a large monthly payment.

The profile of the borrower

The profile of the borrower is one of the main criteria studied by the bank. His age and his professional activity can impact the debt ratio.

How much can you borrow with 6,000 USD in monthly net income?

How much can you borrow with 6,000 USD in monthly net income?

This table presents the maximum amount that can be borrowed with a monthly net salary of $ 6,000. The amounts shown take into account additional costs such as the loan rate and borrower insurance.


Maximum amount

10 years

224 900 USD

15 years

EUR 321,700

20 years

406 400 USD

25 years

$ 475,800

Thus, a borrower who receives 6,000 USD in net income per month can hope to obtain a loan of 224,900 USD over 10 years, 406,400 USD over 20 years or 475,800 USD over 25 years. These amounts may vary depending on the presence or absence of a personal contribution.

Why simulate your mortgage online?

Why simulate your mortgage online?

If you want more specific information on the amount and cost of your mortgage, you can use an online simulator. Many elements come into play when applying for credit. This tool analyzes them and puts you in touch with credit professionals.

Going through a broker can save you money. This professional finds for you the best credit offer and accompanies you throughout the subscription phase.


Buy a house with credits in progress: how to do?

Buying a home often requires the use of a home loan. Can we borrow with current credits?

Many households wish to embark on a real estate purchase project. However, to become an owner, you have to apply for a loan from the bank and have a suitable debt capacity. With credits being refunded, this operation may be more difficult to set up.

The rule on the debt ratio

The rule on the debt ratio

In terms of mortgage credit, a rule applies to all borrowers, that of the debt ratio. Indeed, your monthly payment must not exceed one third of your net income load in order to minimize the risk of over-indebtedness. The bank will examine, in addition to the debt threshold, the remainder to be lived taking into account all the credits previously subscribed.

If you are not able to settle your current loans, two solutions can be considered: either the amount of the desired mortgage will be reduced or the maximum debt threshold will be reached. Several solutions can nevertheless allow you to buy without waiting.

Solutions to buy a house with credits in progress

Solutions to buy a house with credits in progress

You have found the house of your dreams but your current credits are holding you back in your project? These solutions can allow you to buy without waiting.

Consolidate monthly payments thanks to smoothed credit

Smoothing or tiered credit is a technique that involves determining a single monthly payment over the life of the loan. Initially, the portion of this monthly payment devoted to the repayment of mortgage is low in order to more quickly pay off consumer credit. When it is repaid, the part devoted to the repayment of the mortgage increases.

The smoothed credit can thus enable the borrower to increase its financial envelope and complete its purchase project. However, this solution can only be put in place when the current credit expires soon.

Mobilize your personal contribution

If you have the opportunity, it is better to repay the credit in advance in advance to present a better record of mortgage. For example, you can use whatever contribution you have made to pay off your outstanding credit. Indeed, some banks agree to grant a mortgage to borrowers with a personal contribution of less than 10% of the amount borrowed.

Change bank with several credits in progress, is it possible?

Change bank with several credits in progress, is it possible?

The Macron law does not allow borrowers with multiple loans in progress to switch banks. If the transfer of credits is prohibited, it is always possible to resort to the repurchase of credit. In this case, the loans contracted will be grouped into a single credit allowing the subscriber to benefit from a reduced monthly payment. This operation includes the financing of a new project such as the purchase of a house for example. A preliminary study is still necessary to study its feasibility according to the situation of the borrower. This first study proposed by each credit institution is completely free and without commitment. After confirmation of the feasibility of this project, you will have to build a file that will be subject to validation with the chosen financial institution.

Do you want support throughout your project? Do not hesitate to call a broker. This professional answers your questions and can provide you with personalized advice so that the operation takes place in the best possible conditions. In addition, it has a large network of partners giving access to preferential rates that you can enjoy.