Calculate your debt-to-income ratio (DTI) to determine mortgage qualification and affordability. See how much house you can afford based on your income and debts.
Gross income before taxes
Car loans, credit cards, student loans, etc.
Maximum Home Price
You can afford
$413,337
Max Loan Amount
$353,337
Monthly Payment
$2,233
Good DTI Ratio
Your DTI is within acceptable limits for most lenders.
• This is an estimate based on standard lending guidelines
• Actual approval depends on credit history, employment, and other factors
• Consider additional costs like property tax, insurance, and maintenance
• Most lenders prefer a DTI ratio below 43%
Debt-to-Income ratio is the percentage of your monthly income that goes toward paying debts.
Housing costs (mortgage, taxes, insurance) divided by gross monthly income. Typically should be under 28%.
All monthly debt payments divided by gross monthly income. Usually should be under 36%.
Most conventional loans require DTI ratios of 28/36 or better for the best rates.
FHA loans may allow higher DTI ratios, up to 31/43 in some cases.
Pay down existing debts or increase your income to improve your DTI ratio and qualify for better rates.