A STRETCH
On $75,000/yr, the typical $246,267 home in Lansing, MI needs $77,102/yr ($1,799/mo). Your gap: $-2,102 — housing would be 28.8% of your gross income.
The math
246,267 price − 10% down (24,627) = 221,640 loan
30-yr fixed at 7.18% on 221,640 = 1,501/mo principal+interest
+ 298/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
1,799/mo PITI ÷ 0.28 = 6,425/mo → 77,102/yr required
against Zillow ZHVI 2026-09 and the 7.18% FRED 30-yr rate (2026-11-05).
What salary WOULD clear Lansing, MI?
You need about $77,102/yr for the typical home. That's $2,102 more than $75,000.