Mortgage Calculator

How Much Can I Borrow?

Use the following calculator to determine the maximum monthly 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 and Interest Rate
Loan Term:	Years
Interest Rate:	%

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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