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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, etc.

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! 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 Amortization Schedule

World Wide Homes, Inc.
Ph: (718) 221-2100 - Fax: (718) 221-2120
375 A Tompkins Ave.
Brooklyn, NY 112016
www.worldwidehomesny.com