However, it might be more useful to compare your payment to your own affordability standards. (thecollegeinvestor.com)
This tougher affordability standard acts as a buffer to test whether or not you could still afford your mortgage if interest rates were to rise dramatically. (homeownership.ca)
Build Affordable Housing: 51 percent of renters and 34 percent of homeowners in New York pay more than the federal affordability standard of 30 percent of income for housing. (gpny.org)