Find your maximum home purchase price based on your income, debts, and down payment. Built for Texas buyers with local market data and DTI guidelines for conventional, FHA, and VA loans.
Lenders use front-end DTI (housing payment vs. income, typically ≤36%) and back-end DTI (all debts vs. income, typically ≤43–50%) to determine your maximum loan amount.
W-2 wages, salary, bonuses (2-year average), self-employment income (2-year average), Social Security, pension, rental income (at 75%), and VA benefits all count with proper documentation.
Programs like TSAHC and TDHCA offer down payment assistance that increases your buying power. Income limits apply, typically 80–120% of area median income.