What is your maximum mortgage? That largely depends on your income and current monthly debt payments and the ratio of debt to income allowed by your mortgage insurer. This calculator collects these important variables and determines your maximum monthly housing payment and the resulting mortgage amount. It also allows you to adjust your debt ratio to match what your your lender allows.
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Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.