You can afford a home up to:
Debt-to-Income Ratio:
Debt-to-Income Ratio:
Monthly Payment
Debt-to-Income how much you can borrow
The debt-to-income ratio (DTI) is your minimum montly debt divided by your gross monthly income. The lower your DTI, the more you can borrow and the more options you'll have.
0-36%: Affordable
37-42%
: Stretching
43% or higher: Aggressive