Calculate Home Buying Power Now

Standard for many first-time buyer conventional loans.

Buying power is the maximum amount you can spend on a home based on your financial profile. It combines your available for a down payment with the maximum loan a lender will grant you. 🏗️ The 3 Pillars of Buying Power 1. The 28/36 Rule Lenders typically follow these debt-to-income (DTI) ratios: calculate home buying power

Multiply gross income by 0.36 (36%) and subtract existing monthly debts. Standard for many first-time buyer conventional loans