Determine How Much Rent You Can Afford
Take Home Income ($):
Current Monthly Debt Payments ($):
Target DTI Ratio (%):
The DTI (Debt-to-Income) ratio represents the percentage of your gross monthly income that goes toward paying your monthly debt obligations. Typically, a DTI ratio of 30% or lower is recommended for housing expenses.
Expected Annual Rent Increase (%):
This is the average percentage increase in rent expected each year.
Expected Annual Income Increase (%):
This is the average percentage increase in income expected each year.
Calculate