A STRETCH
On $475,000/yr, the typical $1,583,961 home in San Jose, CA needs $475,858/yr ($11,103/mo). Your gap: $-858 — housing would be 28.1% of your gross income.
The math
1,583,961 price − 10% down (158,396) = 1,425,565 loan
30-yr fixed at 6.69% on 1,425,565 = 9,189/mo principal+interest
+ 1,914/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
11,103/mo PITI ÷ 0.28 = 39,655/mo → 475,858/yr required
against Zillow ZHVI 2026-06 and the 6.69% FRED 30-yr rate (2026-08-06).
What salary WOULD clear San Jose, CA?
You need about $475,858/yr for the typical home. That's $858 more than $475,000.