| Desired Mortgage for New Home $ |
( Don't enter $ or commas ) |
| Annual Tax $ |
( Don't enter $ or commas ) |
| Total Monthly Payments in Non-Mortgage Debt (i.e.
car, student loans, credit cards, etc). $ |
( Don't enter $ or commas ) |
| Monthly Principal + Interest |
|
| Total Housing Payment (tax & insurance included) |
|
Salary
conditions:
- Your pre-tax monthly salary must be greater than 28% of
the sum of the monthly mortgage and monthly tax payments.
- Your pre-tax monthly salary must be greater than 35% of
the sum of the monthly mortgage, monthly tax and other monthly debt
payments.
NOTE: This is only an estimate, based on standard program guidelines.
Other loan types may be available. |