How much of my income can go toward a mortgage?
As a rule of thumb, keep the income you put toward a mortgage payment under 28% of gross monthly income, though approvals commonly allow the housing piece higher when total debt stays reasonable. Total debt is the bigger constraint.
Most programs cap total debt-to-income around 43% to 50% with strong factors. We'll calculate the maximum payment your income supports under the program you choose.
How much income a payment can take
Most lenders want your house payment under 28% of gross monthly income. Total debts should stay under 43% on many loans. Some programs allow more with strong credit.
That is the limit, not the goal. A payment you barely afford leaves no room for Florida insurance jumps or repairs.
Finding a comfortable number
The right payment fits your life, not just the rulebook. We help you pick a number with breathing room. That protects you when costs rise.
We calculate your ratios and show your ceiling. Then we target a payment you will still like in a few years.
Verify the details for your own situation against these government and agency sources: CFPB Owning a Home guide and HUD homebuyer resources.