<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 $625,978</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>$8,250</td></tr><tr><td>Front-end ratio</td><td>28%</td></tr><tr><td>Calculated payment for front-end ratio</td><td>$2,310</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>$250</td></tr><tr><td>Percent of gross income</td><td>3%</td></tr><tr><td>Maximum percentage available for mortgage payment</td><td>33%</td></tr><tr><td>Calculated payment for back-end ratio</td><td>$2,720</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>$2,310</td></tr><tr><td>Less: taxes and insurance</td><td>$292</td></tr><tr><td>Equals: maximum allowable payment</td><td>$2,018</td></tr><tr><td>Calculated mortgage amount</td><td>$375,978</td></tr><tr><td>Down payment</td><td>$250,000</td></tr><tr><td><b>Home value you can afford</b></td><td><b>$625,978</b></td></tr></table>{"monthlyIncome": "8250", "front": "28.0%", "frontPayment": "2310", "otherDebts": "250", "otherPercentage": "3.0303%", "back": "32.9697%", "backPayment": "$2,720.00", "minimumPayment": "$2,310.00", "taxesInsurance": "$291.67", "maximumPayment": "$2,018.33", "mortgageAmount": "$375,978.40", "homeValue": "$625,978.40"}