Calculate the income needed to qualify for a mortgage based on GDS and TDS ratios.
$102,689
32.0%
37.8%
The percentage of your gross annual income needed to cover housing costs. This includes mortgage payments, property taxes, heating, and condo fees. Generally should not exceed 32%.
The percentage of your gross annual income needed to cover housing costs plus all other debt payments. Generally should not exceed 40%.
Contact a mortgage specialist to discuss your purchasing power and learn about special programs you may qualify for. Our experts can help you: