|
|
| Use the following calculator to determine
the maximum monthly payment (P+I) and the maximum loan amount
for which you may qualify. |
| 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. |
