<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 $130,495</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>$5,083</td></tr><tr><td>Front-end ratio</td><td>28%</td></tr><tr><td>Calculated payment for front-end ratio</td><td>$1,423</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>$1,055</td></tr><tr><td>Percent of gross income</td><td>21%</td></tr><tr><td>Maximum percentage available for mortgage payment</td><td>15%</td></tr><tr><td>Calculated payment for back-end ratio</td><td>$775</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>$775</td></tr><tr><td>Less: taxes and insurance</td><td>$155</td></tr><tr><td>Equals: maximum allowable payment</td><td>$620</td></tr><tr><td>Calculated mortgage amount</td><td>$115,495</td></tr><tr><td>Down payment</td><td>$15,000</td></tr><tr><td><b>Home value you can afford</b></td><td><b>$130,495</b></td></tr></table>{"monthlyIncome": "5083", "front": "28.0%", "frontPayment": "1423", "otherDebts": "1055", "otherPercentage": "20.7541%", "back": "15.2459%", "backPayment": "$775.00", "minimumPayment": "$775.00", "taxesInsurance": "$155.00", "maximumPayment": "$620.00", "mortgageAmount": "$115,494.60", "homeValue": "$130,494.60"}