Mortgage Qualification Calculator

This calculator will help you to determine how much house you can afford and/or qualify for. Begin by clicking in the first entry field and follow the instructions that appear in the Help box.

Note: Keep in mind these are estimates only, there many other factors including credit history, lender policies, and more.

Back to Calculators

Purchase Information

Inputs	Outputs
Purchase Price: $
Down Payment:	$
Loan Amount:	$
Annual Interest Rate (%):
Length of Mortgage (Years):

Payment Information

Inputs	Outputs (Monthly)
Principal & Interest Payment: (Monthly) $
Annual Property Taxes:	$
Annual Insurance:	$
Annual PMI:	$
Monthly Association Fees: $
Monthly Payment (PITI):	$
Tax Deductible Portion of Payment:	$

Qualifying Information

Inputs	Outputs (Monthly)
Gross Income: $
Monthly Debt Payments: $
Qualify for Loan?
Maximum Qualifying Loan Amount:	$
Current Payment/Income Ratio: (Max = 28%)
Current Debt/Income Ratio: (Max = 36%)

Calculate Payment

Clear Form

Press the button below to create a report you can print out. Please allow up to 1-2 minutes for the report to process.

Create Schedule

Mike Childress

Childress and Associates Realty

Ph: 616-893-1672

106 Courtland ave

Belmont, MI 49341 US

Licensed Real Estate Broker 6502350386

www.chilhomes.com

Home Search Homes About Childress and Associates Contact Childress and Associates Local Schools Calculators Local Weather Relocation Home Value Request VIP Home Finder Buyer Reports Seller Reports Sell Your House My Listings Meet Our Agents