In the mortgage industry loan officers are taught that a housing payment shouldn't be more than 28% of a client's gross monthly income and the total DTI should not pass 36% even though they CAN go up to 45%. Most loan officers will not tell you this and will simply ask you what you want, not what is recommended. As long as your ratios are below 45% a loan officer typically does not comment on affordability.

 It seems that most financial experts agree a mortgage should be somewhere around 20-30% of your net income (post tax). Although you can qualify for more it seems like those who build wealth stick with these principles.​

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