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How Much Can I Borrow?


Use the following calculator to determine the maximum monthly mortgage payment (P+I) and the maximum loan amount for which you may qualify.

Monthly Income

Salary/Wages

Other Income

Monthly Housing Expenses

Property Taxes

Hazard Insurance

Other Monthly Expenses

Auto Payment

Credit Cards and Other Payments

Loan Term & Interest Rates

Loan Term/Length

Years

Interest Rate

%

 

  

Calculation Results

You may qualify for a maximum monthly mortgage payment (P+I) of:

You may qualify for a maximum loan amount of:

DISCLAIMER: The figures above are based upon conventional program 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. If you have less than 20% equity in your home, a monthly mortgage insurance payment may be required.

 

 

 

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