You can afford a home up to:
Monthly Payment: $1,950
Debt-to-Income affects how much you can borrow
The debt-to-income ratio (DTI) is your minimum monthly 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