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These ratios are typical of most lenders.
28% is the amount of your gross pay you can spend on
a house payment is your mortgage is your only payment.
36% is the amount you can spend on all debts, including
your mortgage payment.
These
calculators are intended to be used for estimated results
and comparisons only. Many unique factors will affect
your personal financial transactions. Eldorrado.com™
does not guarantee the accuracy of these tools.