Mortgage Qualification Calculator

Mortgage Qualification Calculator V2

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.
Purchase InformationInputsOutputs

Purchase price:

Down payment:

Loan amount:

Annual interest rate:

Length of the mortgage in years:
Payment InformationInputsOutputs (Monthly)

Monthly principal & interest payment:

Annual property taxes:

Annual insurance:

Annual PMI:

Monthly association fees:

Monthly payment (PITI):

Tax deductable portion of payment:
Qualifying InformationInputsOutputs

Gross income:

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.