15.gif (811 bytes) 

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: Begin by clicking in the first entry field and follow the instructions that appear in the Help box. 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.
 

Gross Annual Income: (before taxes)

Total Minimum Monthly Debt Payments:

Down Payment:

Interest Rate: (If unsure click above)

Monthly Home Insurance: (Usually $25-$50)

Monthly Property Tax: (Usually $100-$300)

Length of the Mortgage:

15.gif (811 bytes)

15.gif (811 bytes)
The following assessment is meant for illustration purposes only. This calculation uses standard guidelines in determining qualification amount for a conventional mortgage. Allowable debt-to-income ratio will vary according to credit history. If you are serious about purchasing a home, complete the online loan application for full underwritten approval. This will allow a mortgage professional to assess your options and structure your transaction to maximize your purchasing power.
15.gif (811 bytes)

? Downpayment:

? Loan Amount:

? Home Price:

? Monthly Payment:

Note: We provide these calculators as a quick, fun way to get an idea of the costs and payments associated with the loan process.   Although we use standard formulas and assumptions, the results cannot be guaranteed. For an accurate analysis of your qualification potential, click here.