Key Takeaways
Lenders typically use the 28/36 rule: housing costs at or under 28% of gross monthly income, all debts at or under 36%.
Your real monthly cost is PITI + PMI + HOA — principal and interest alone are usually only about three-quarters of the payment.
On $75,000 income with $760/month in debts, the math supports roughly a $188,000 home — versus ~$224,000 with zero debt.
A…