Desired mortgage amount:

Mortgage length (in years)

Interest %

Annual property tax

Total monthly payments not including
mortgage (car, loans, credit cards, etc).

Summary

Monthly Principal + Interest

Total Monthly Obligations

Required Salary

Listed below are the basic guidelines of how our industry determines how much of a mortgage payment you qualify for.

1. Your gross (before taxes) monthly salary should be greater than 50% of the sum of the monthly mortgage, monthly tax and other monthly debt payments.

Loan Calculators are tools designed to help you. However, we can help you know exactly what you qualify for.