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Max Allowable Debt-To-Income Ratio for Mortgage?
If my pre-tax income is $10,000/mo, my credit score is 800+, and I have zero debt (no monthly loan/credit payments), what is the max DTI that a mortgage company will grant me to use for my mortgage payment? Is it true that 45% ($4,500/month) would be the highest amount allowable by US Federal Regulations I would be qualified for?

In other words, what percentage can I use to calculate the maximum monthly mortgage payment I would be qualified for?

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