What is my debt-to-income (DTI) ratio?

Buying a house requires a budget. You can only afford to spend so much on your monthly mortgage payments. Your loan amount and down payment will determine how ... Our mortgage affordability calculator helps you determine how much house you can afford quickly and easily with the applicable mortgage lending guidelines. Apr 24, 2025 ... 1. Figure out 25% of your take-home pay. To calculate how much house you can afford, use the 25% guideline we talked about earlier: Never spend ... What mortgage can you afford? When it comes to mortgages, you want to find a balance between borrowing enough to buy your home, but not so ... Oct 5, 2023 ... The 28/36 rule (or any similar ratio) is a useful guideline that can help you determine how much home you can afford: dictating that you spend ... Mar 9, 2017 ... Utilize our cost worksheet to evaluate your retirement living options and what you can afford for senior housing. Learn more about your options. Oct 5, 2021 ... Use our Mortgage Affordability Calculator to determine how much house you can afford based on your take-home pay and monthly mortgage payment affordability. Home Affordability Calculator: How much home can you afford? Use this calculator to determine the home price and monthly housing cost you can afford. You can use this home affordability calculator to estimate how much home you could potentially afford. Using a home affordability calculator. Knowing your target loan amount will help you determine how much house you can afford. In this formula, you'll use:.