Enter the combined gross income of tenants and the maximum RTI (rent-to-income) ratio allowed by law into the calculator to determine the Maximum Rent.

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## Maximum Rent Formula

The following formula is used to calculate the Maximum Rent.

**Rmax = GI * RTI**

- Where Rmax is the Maximum Rent ($)
- GI is the combined gross income of tenants
- RTI is the maximum RTI (rent-to-income) ratio allowed by law

## How to Calculate Maximum Rent?

The following example problems outline how to calculate Maximum Rent.

**Example Problem #1:**

- First, determine the combined gross income of tenants. In this example, the combined gross income of tenants is given as 10000.
- Next, determine the maximum RTI (rent-to-income) ratio allowed by law. For this problem, the maximum RTI (rent-to-income) ratio allowed by law is given as .5.
- Finally, calculate the Maximum Rent using the equation above:

Rmax = GI * RTI

The values given above are inserted into the equation below:

Rmax = 10000 * .5 = 5000.00 ($)

**Example Problem #2: **

The variables needed for this problem are provided below:

combined gross income of tenants = 6000

maximum RTI (rent-to-income) ratio allowed by law = .75

Entering these values and solving gives:

Rmax = 6000 * .75 = 4500 ($)