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 Information Inputs Outputs

Purchase price:
   

Down payment:
%
$
 

Loan amount:
   

Annual interest rate:
   

Length of the mortgage in years:
   
Payment Information Inputs Outputs (Monthly)

Monthly principal & interest payment:
   

Annual property taxes:
%
$
 

Annual insurance:
%
$
 

Annual PMI:
%
$
 

Monthly association fees:
   

Monthly payment (PITI):
   

Tax deductable portion of payment:
   
Qualifying Information Inputs Outputs

Gross income:
Annually
Monthly
   

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.