Instant Buying-Power Estimate
Pre Approval
Use income, debts and estimated housing costs to understand a possible price range before speaking with a lender.
DTI
Debt-to-income formula
Total DTI = (future housing payment + monthly debt obligations) ÷ gross monthly income × 100
Housing payment generally includes principal, interest, property tax, homeowners insurance, HOA and applicable mortgage insurance. Lenders may calculate and limit DTI differently by loan program.