The general rule of thumb for a mortgage is 28% (primary residence) of gross income. My firm switched up their process and now instead of nice size raises it’s large bonuses. So getting increasing my gross income doesn’t really change unless I include my bonus which is obviously a variable. Is their a recommended approach for these scenarios? Maybe use agi on tax return instead of gross income?

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Check with a mortgage lender. I think if you can prove that you will always get a certain amount of bonus annually, they will add that to your income and determine how big of a mortgage you can apply for. For example, if your bonus is 15k In year 1, and 20k, 25k, 30k for the next 3 years, respectively. they'll either take the lower of (15k) or the average of those years (22.5k)

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28% or 33% or whatever is a guide, not a rule. I wouldn’t worry too much about this minute change in how you get paid

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Cont…Was looking to upgrade my primary residence in 3-5 years and thought I’d have 3-5 years of salary increases, but now that needle barely moves.

Looks like you figured it out. With promotions your get good salary increases, which invalidates your concern.

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