<p>Based on your information and ratio selections:</p><p>Your monthly mortgage expenses shouldn't exceed 28.00% of your total monthly income.</p><p>Your total monthly obligations (monthly mortgage expenses plus any other long-term debt obligations) shouldn't exceed 36.00% of your monthly income.</p><p>You have been capped by the 36.00% ratio. Including your down payment, it appears you may qualify for a home valued around $1,109,549</p><table class='pure-table' role='grid'><tr><th colspan='2' class='section'>Front-End Ratio</th></tr><tr><td>Monthly gross income</td><td>$23,333</td></tr><tr><td>Front-end ratio</td><td>28%</td></tr><tr><td>Calculated payment for front-end ratio</td><td>$6,533</td></tr><tr><td></td><td></td></tr><tr><th colspan='2' class='section'>Back-End Ratio</th></tr><tr><td>Debts and obligations</td><td>$3,000</td></tr><tr><td>Percent of gross income</td><td>13%</td></tr><tr><td>Maximum percentage available for mortgage payment</td><td>23%</td></tr><tr><td>Calculated payment for back-end ratio</td><td>$5,400</td></tr><tr><td></td><td></td></tr><tr><th colspan='2' class='section'>Payment Calculation</th></tr><tr><td>Minimum of the two ratio options</td><td>$5,400</td></tr><tr><td>Less: taxes and insurance</td><td>$1,054</td></tr><tr><td>Equals: maximum allowable payment</td><td>$4,346</td></tr><tr><td>Calculated mortgage amount</td><td>$809,549</td></tr><tr><td>Down payment</td><td>$300,000</td></tr><tr><td><b>Home value you can afford</b></td><td><b>$1,109,549</b></td></tr></table>{"monthlyIncome": "23333", "front": "28.0%", "frontPayment": "6533", "otherDebts": "3000", "otherPercentage": "12.8571%", "back": "23.1429%", "backPayment": "$5,400.00", "minimumPayment": "$5,400.00", "taxesInsurance": "$1,054.17", "maximumPayment": "$4,345.83", "mortgageAmount": "$809,548.86", "homeValue": "$1,109,548.86"}