The DTI rule of thumb
Lenders often start with 36% total debt‑to‑income (DTI). That’s housing + other monthly debts divided by gross income.
Other key factors
- APR: lower rates raise affordability.
- Term: longer terms lower the payment, but increase total interest.
- Down payment: improves affordability and may remove PMI.
Use the calculator
Test different incomes, debts, and down payments to see an estimated max price.