| 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.
|