Mortgage Qualification Calculator

Requirements: This calculator requires Netscape Navigator or Internet Explorer 3.0 or higher and that you have enabled JavaScript in your browser's user preferences panel.

Instructions: Complete or change white entry fields (gray fields are calculated automatically). The calculator will automatically recalculate anytime you make a change to white field and then press the TAB key. NOTE: When making entries into the entry boxes only numbers and decimal points are permitted. Typing in dollar signs, commas, and other non-numeric characters will result in an error message.

Purchase Information
Purchase Price:
Down Payment: % $
Loan amount:
Interest Rate:
Length of the Mortgage in years:
Payment Information
Principal & Interest:
Annual Property Taxes: % $
Annual Insurance: % $
Annual PMI: % $
Monthly association fees:
Monthly Payment (PITI):
Tax deductable portion of payment:
Qualifying Information
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.