What is a typical salary to qualify for mortgage loans?

The typical salary to qualify for mortgage loans depends upon the current interest rate and monthly debt payments, explains Bankrate. For example, the typical salary to qualify for a mortgage loan at 5.75 percent is $50,021 as of 2015.

Other factors that determine how much house borrowers can afford include debt-to-income ratios, credit history, lifestyle factors and down payments, reports Bankrate. Borrowers with good credit histories generally receive lower interest rates; therefore, they can qualify for mortgage loans with larger principal balances. Borrowers with credit scores of 740 or higher tend to receive the best interest rates and qualification requirements.