Your numbers
A planning estimate only, not a pre-approval. You supply the figures and target DTI; no MortgageQuote.com rate is quoted or implied. Lender guidelines vary.
Estimated price range
How income translates to home price
Lenders work backward from your income. They apply a target debt-to-income ratio to your monthly income to find the maximum total monthly debt you can carry, subtract your existing non-housing debts, and what remains is the room available for your housing payment. From that housing payment, after setting aside estimated taxes and insurance, they derive the loan amount your income can support, and adding your down payment gives an estimated price.
Why this is an estimate
Real qualification depends on the loan program, your credit, your assets and reserves, and the specific property costs. Different programs allow different DTI levels, and taxes and insurance vary widely, especially in Florida. Use this to frame a realistic range, then confirm with a pre-approval.
Next step
A pre-approval turns this estimate into a lender-reviewed number you can shop with. A licensed loan originator can run your actual scenario across programs to find your comfortable range.