How Much House Can You Afford? Annual Income Monthly Debt (Car payments, credit cards, student loan payment etc.) Cash in hand for down payment Property tax rate (1% = $1000/yr for 100K house) Home Insurance rate (0.5% = $500/yr for 100K house) Interest Rate (%) Length of Loan (years) Maximum PITI Debt Ratio (%) - If unsure leave as 28% Maximum Total Debt Ratio (%) - If unsure leave as 36%
