Calculate using real San Bernardino data. Median home price: $380,000. Property tax rate: 0.9%.
With the median household income of $46,718 in San Bernardino, CA, following the 28% rule, you could afford a monthly payment of about $1,090.
The cost of living index in San Bernardino, CA is 105 (national average = 100). A home at the median price of $380,000 would require roughly 8.1x the median income.
A conventional 20% down payment on the median San Bernardino, CA home ($380,000) would be $76,000. FHA loans may require as little as 3.5% ($13,300).