Find out how much house you can afford from your income, debts, and down payment using the 28/36 debt-to-income rule that lenders apply. See your maximum price, loan, and monthly payment.
Lenders generally cap housing at 28% of gross monthly income and total debt at 36%. Enter your income, debts, and down payment to see the maximum price those ratios allow.
A guideline: spend no more than 28% of gross monthly income on housing (the front-end ratio) and no more than 36% on all debt including the mortgage (the back-end ratio).