| Monthly Income |
| Salary/Wages |
|
| Other Income |
|
| Monthly Housing Expenses |
| Property Taxes |
|
| Hazard Insurance |
|
| Other Monthly Expenses |
| Auto Payment |
|
| Credit Cards and Other Payments |
|
| Loan Term and Interest Rate |
| Loan Term |
Years |
| Interest Rate |
% |
| |
|
| Results |
| You may qualify for a maximum monthly mortgage payment
(P+I) of |
|
| You may qualify for a maximum loan amount of |
|
| DISCLAIMER: The figures above are based
upon conventional program guidelines. Other loan programs are available.
Calculations by this tool are believed to be accurate, yet are not guaranteed.
Further review is necessary to obtain an exact qualification. If you have
less than 20% equity in your home, a monthly mortgage insurance payment
may be required. |