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Loan Tools
 
Pre-qualification calculator.
 
See how much you can qualify for.
Desired Mortgage for new home
Total Number of Years on Mortgage
Annual Interest Rate From Interest Rate Page
Annual Property Taxes on your new Home
Other Total Monthly Payments - Non-Mortgage Debt

Summary

Principal & Interest
Total Housing Payment 
(est. tax & insurance included)
Estimated Annual 
Income to Qualify

Your salary must meet the following two conditions:

Your gross (pre-taxes) monthly salary must be greater than 35% of the sum of the monthly mortgage and monthly tax payments.

Your gross (pre-taxes) monthly salary must be greater than 45% of the sum of the monthly mortgage, monthly tax and other monthly debt payments.

DISCLAIMER: The pre-qualification figures above are based upon conforming guidelines. Other loan programs are available. Calculations by this tool are believed to be accurate, yet are not guaranteed. Further review is necessary to obtain an exact qualification.

 

 

 

Equal Housing LenderVA Approved Provider

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Rates as of 11/21/2008 09:42:12 PM EST.
All rates, fees, and loan programs subject to change without notice.
APR & Fine Print.
Copyright © 2008 Mortgage Market of Florida.