Send Me More Information On
		For Sale By Owner Selling A Home Buying A Home Mortgages Home Value Credit Repair Contract for Deed Stop Foreclosure Find A Realtor® Short Sale
	Zip:
	E-mail:
		Low Cost Professionally Designed Websites

 

Mortgage Qualification Calculator

This calculator will help you to determine how much house you can afford and/or qualify for. Begin by clicking in the first entry field and follow the instructions that appear in the Help box.

Note: Keep in mind these are estimates only, there many other factors including credit history, lender policies, e.t.c.

«« Back to Calculator

Purchase Information	Inputs	Outputs
Purchase price:
Down payment:	% $
Loan amount:
Annual interest rate:
Length of the mortgage in years:
Payment Information	Inputs	Outputs (Monthly)
Monthly principal & interest payment:
Annual property taxes:	% $
Annual insurance:	% $
Annual PMI:	% $
Monthly association fees:
Monthly payment (PITI):
Tax deductible portion of payment:
Qualifying Information	Inputs	Outputs
Gross income: Annually Monthly
Monthly debt payments:
Qualify for loan?:
Maximum qualifying loan amount:
Current Income to payment ratio (max = 28%):
Current debt to income ratio (max = 36%):
Longer term loans may take a few moments for the report to be generated.

 

Disclaimer: Every home loan is different and the terms of your note or the terms of the loan you are searching for may use a different method of calculating your mortgage payment than the calculators above. This tool is provided purely for comparative reasons and may / may not reflect the actual payments of your loan. It is imperative you consult with a mortgage professional or your existing lender for exact payment figures. We are not responsible for any typographical errors, omissions or mistakes. Not every applicant qualifies nor is every program available for each unique borrower.