As a general rule, your total monthly home payments shouldn't exceed 36 % of your gross monthly income. (bankofinternet.com)
You'll need to do a full survey of all of your income, expenses, assets, and debts to understand what you can realistically add in terms of home payments. (northpointe.com)
Leaving nothing to chance, it allows you to estimate all parts of your future home payment. (themortgagereports.com)