<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 $673,773</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>$11,000</td></tr><tr><td>Front-end ratio</td><td>28%</td></tr><tr><td>Calculated payment for front-end ratio</td><td>$3,080</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>$450</td></tr><tr><td>Percent of gross income</td><td>4%</td></tr><tr><td>Maximum percentage available for mortgage payment</td><td>32%</td></tr><tr><td>Calculated payment for back-end ratio</td><td>$3,510</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>$3,080</td></tr><tr><td>Less: taxes and insurance</td><td>$532</td></tr><tr><td>Equals: maximum allowable payment</td><td>$2,548</td></tr><tr><td>Calculated mortgage amount</td><td>$448,773</td></tr><tr><td>Down payment</td><td>$225,000</td></tr><tr><td><b>Home value you can afford</b></td><td><b>$673,773</b></td></tr></table>{"monthlyIncome": "11000", "front": "28.0%", "frontPayment": "3080", "otherDebts": "450", "otherPercentage": "4.0909%", "back": "31.9091%", "backPayment": "$3,510.00", "minimumPayment": "$3,080.00", "taxesInsurance": "$531.92", "maximumPayment": "$2,548.08", "mortgageAmount": "$448,772.93", "homeValue": "$673,772.93"}