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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.
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Purchase Information
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Purchase Price: |
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Down Payment:
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Loan amount: |
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Interest Rate: |
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Length of the Mortgage in years: |
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Payment Information
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Principal & Interest: |
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Annual Property Taxes: |
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Annual Insurance: |
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Annual PMI: |
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Monthly association fees: |
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Monthly Payment (PITI): |
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Tax deductible portion of payment: |
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Qualifying Information
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Gross income: |
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Monthly debt payments: |
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Qualify for loan?: |
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Maximum qualifying loan amount: |
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Current Income to Payment Ratio (max = 28%): |
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Current Debt to Income Ratio (max = 36%): |
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Longer term loans may take a few moments for the report to be generated.
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