Buying a home is a daunting task and is one of the biggest—if not the biggest—investments you’ll make. About 74% of home buyers take out a mortgage, according to a 2025 report by the National ...

Putting 30% of your income toward a mortgage payment could be a good rule of thumb, depending on your situation. Consider your total monthly budget to calculate affordability. If you have a ...

What is a good debt to income ratio? Learn how to manage debt, boost your ratio and achieve a healthier balance with your ...

Debt-to-income ratio: How much money you make can impact your mortgage rate. Borrowers with a low debt-to-income ratio, meaning their debt payment is a small portion of their monthly income, are ...

Use our mortgage calculator to estimate your monthly mortgage payments based on home price, down payment, and interest rate. Plus learn ways to save.

Debt-to-income ratio requirements for a mortgage To calculate your DTI ratio, divide your monthly debt payments by your gross monthly income.

What changing rates mean for monthly payments To understand just how much a change in rates could impact your budget, it’s important to understand how mortgage payments work. For most borrowers ...

When planning to purchase a home or invest in a property, securing the right mortgage loan is one of the most crucial ...

Your front-end DTI in this example is 25%. To calculate your back-end DTI, divide the total of all of your monthly debt payments, including your house payment, by your gross monthly income.