<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 $503,339</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>$11,583</td></tr><tr><td>Front-end ratio</td><td>28%</td></tr><tr><td>Calculated payment for front-end ratio</td><td>$3,243</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>$545</td></tr><tr><td>Percent of gross income</td><td>5%</td></tr><tr><td>Maximum percentage available for mortgage payment</td><td>31%</td></tr><tr><td>Calculated payment for back-end ratio</td><td>$3,625</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>$3,243</td></tr><tr><td>Less: taxes and insurance</td><td>$649</td></tr><tr><td>Equals: maximum allowable payment</td><td>$2,595</td></tr><tr><td>Calculated mortgage amount</td><td>$483,339</td></tr><tr><td>Down payment</td><td>$20,000</td></tr><tr><td><b>Home value you can afford</b></td><td><b>$503,339</b></td></tr></table>{"monthlyIncome": "11583", "front": "28.0%", "frontPayment": "3243", "otherDebts": "545", "otherPercentage": "4.705%", "back": "31.295%", "backPayment": "$3,625.00", "minimumPayment": "$3,243.33", "taxesInsurance": "$648.67", "maximumPayment": "$2,594.67", "mortgageAmount": "$483,338.70", "homeValue": "$503,338.70"}{"name": "bubbleData","children": [{"displayName": "$649", "name": "bubblechart.taxesInsurance","size": 62917.3375}, {"displayName": "$483,339", "name": "bubblechart.mortgageAmount","size": 483338.70}, {"displayName": "$503,339", "name": "bubblechart.homeValue","size": 503338.70}]}&&&&&bubblechart.taxesInsurance&&&bubblechart.mortgageAmount&&&bubblechart.homeValue&&&