How much home your income supports — with the max price shown at several down payments.
Lenders size a mortgage using two debt-to-income limits: the "front-end" ratio caps housing costs at about 28% of your gross monthly income, and the "back-end" ratio caps all your debt payments (housing plus car, student and credit-card minimums) at around 36%. This calculator applies both and uses whichever is more restrictive, then subtracts your estimated taxes and insurance to find the loan your income supports. Because the down payment simply adds to the price you can pay, the table shows the maximum home price at several down-payment levels. It's a planning estimate — actual approval also weighs your credit score, assets and the lender's own limits. Once you have a target price, the mortgage calculator shows the payment and the cash-to-close estimator the upfront cost.