Mortgage Pre-Qualification Calculator


Fill in all fields above the "Submit" button and then click on that button when you have finished. Enter only numerical data and decimal points. Do not use dollar signs, percent signs, commas or other non-numerical symbols. For example, "ten thousand" should be entered as 10000 or 10000.00 but not 10,000 or 10,000.00 or $10,000.

Enter monthly amounts for all income and expense items. For example, if your gross annual salary is $48,000, enter your "Salary/Wages" as 4000. Enter the loan term in years. Enter the interest rate as the following examples show: 8, not .08 or 8%; 7.5, not .075 or 7.5%.


Income (per month)
Salary/Wages: $ Other Income: $
Housing Expenses(per month)
Property Taxes: $ Hazard Insurance: $
Other Expenses (per month)
Auto Payment: $ Credit Cards and Other Payments: $
Loan Term and Interest Rate
Loan Term: Yrs. Interest Rate: %

 

You may qualify for a maximum monthly mortgage payment (P+I) of: $
You may qualify for a maximum loan amount of: $

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