Mortgage Qualification Calculator |
This calculator will help you to determine how much house you can afford and/or qualify for.
Complete or change the entry fields in the "Input" column of all three sections. The calculator will automatically recalculate anytime you press the Tab key after making a change to an input field.
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Purchase Information |
Inputs |
Outputs |
Purchase price: |
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Down payment: |
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Loan amount: |
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Annual interest rate: |
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Length of the mortgage in years: |
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Payment Information |
Inputs |
Outputs (Monthly) |
Monthly principal & interest payment: |
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Annual property taxes: |
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Annual insurance: |
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Annual PMI: |
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Monthly association fees: |
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Monthly payment (PITI): |
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Tax deductable portion of payment: |
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Qualifying Information |
Inputs |
Outputs |
Gross income: |
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Monthly debt payments: |
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Qualify for loan?: |
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Maximum qualifying loan amount: |
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Current Income to payment ratio (max = 28%): |
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Current debt to income ratio (max = 36%): |
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Longer term loans may take a few moments for the report to be generated. |