28/36 Rule Calculator

Your details

Your total income before taxes and deductions, per month.
USD
Enter housing costs as one number or split them into principal, interest, taxes, and insurance.
Principal + interest + property taxes + homeowners insurance per month.
USD
Car loans, student loans, minimum credit card payments, personal loans, etc.
USD
Currency
Front-End Ratio (housing)Passes 28/36 rule
21.4%

Housing costs as a percentage of gross monthly income. Guideline: stay at or below 28%.

Back-End Ratio (total debt)0.3%
Max Housing Payment (28%)$1,960
Max Total Debt (36%)$2,520
Max Housing Given Your Other Debts$2,120
Front-End Headroom$460
Back-End Headroom$620
Your Monthly Housing Cost$1,500
Your Total Monthly Debt$1,900
21.4%
Within 28% guideline<28%Acceptable to many lenders28%-36%Near FHA limit36%-43%Exceeds guidelines43%+
Your Housing$1,500
28% Limit$1,960
Your Total Debt$1,900
36% Limit$2,520

Your housing and debt levels pass the 28/36 rule.

  • Your front-end ratio is 21.4% - within the 28% guideline. You have $460 of monthly housing headroom.
  • Your back-end ratio is 27.1% - within the 36% guideline. You have $620 of additional debt capacity.
  • Given your other debts, the back-end rule allows up to $2120/month for housing - your housing cost fits within this limit.

Next stepYou qualify under the traditional guideline. Lenders may allow up to 43-45% DTI on some loan types, but staying under 36% improves your rate options.

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