<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 $216,713</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>$5,417</td></tr><tr><td>Front-end ratio</td><td>28%</td></tr><tr><td>Calculated payment for front-end ratio</td><td>$1,517</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>$630</td></tr><tr><td>Percent of gross income</td><td>12%</td></tr><tr><td>Maximum percentage available for mortgage payment</td><td>24%</td></tr><tr><td>Calculated payment for back-end ratio</td><td>$1,320</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>$1,320</td></tr><tr><td>Less: taxes and insurance</td><td>$264</td></tr><tr><td>Equals: maximum allowable payment</td><td>$1,056</td></tr><tr><td>Calculated mortgage amount</td><td>$196,713</td></tr><tr><td>Down payment</td><td>$20,000</td></tr><tr><td><b>Home value you can afford</b></td><td><b>$216,713</b></td></tr></table>{"monthlyIncome": "5417", "front": "28.0%", "frontPayment": "1517", "otherDebts": "630", "otherPercentage": "11.6308%", "back": "24.3692%", "backPayment": "$1,320.00", "minimumPayment": "$1,320.00", "taxesInsurance": "$264.00", "maximumPayment": "$1,056.00", "mortgageAmount": "$196,713.39", "homeValue": "$216,713.39"}