Summary answer: On a $100,000 household income, standard lending guidelines put your realistic purchase price around $300,000–$350,000 — which lands right in range of Manassas's condo market (around $347,000-$415,000) and close to the lower end of the townhome market.
I'm Johnny with JQ Real Estate. Let me give you the honest picture of what this budget actually gets you in Manassas.
The math, and where it points in Manassas
| Step | Estimate |
|---|---|
| Gross monthly income ($100K/yr) | $8,333 |
| Target housing payment (28% front-end ratio) | ~$2,333/mo |
| Realistic purchase price (10% down, current rates ~6.65%) | ~$300,000–$330,000 |
| Realistic purchase price (VA loan, 0% down) | ~$350,000–$390,000 |
Why Manassas is a genuine fit at this income level
Compared to nearby Fairfax County (where median values start at $750,000+), Manassas's citywide median of roughly $503,000-$573,000 — and its condo segment specifically — makes this a realistic, non-compromise entry point.
What changes your number
- Loan type — a VA loan removes the down payment requirement, meaningfully expanding your range
- Second income — if this is a household decision, the math roughly doubles, opening up townhomes and entry-tier single-family
Get your actual number
Reach out and I'll connect you with a lender for a real pre-approval and help you figure out which Manassas neighborhoods actually fit your budget.
For more Manassas buyer and seller questions, visit our Manassas real estate hub.