Mortgage Qualification Tool



Note: the required salary must meet the following two conditions:
     salary must be > 28% of the sum of the mortgage and tax payments.
    salary must be > 35% of the sum of the mortgage, tax and other debt payments.
Desired Mortgage
Desired Mortgage for new home
Years of Mortgage
Total Number of Years on Mortgage
Yearly Mortgage Rate (%)
Interest Percentage of Mortgage
Yearly Property Taxes
Property Taxes on your new Home
Other Debt
Other Yearly Debt (School, Car, ...)

Summary
Mortgage Payments
Total Payments
Required Salary

DISCLAIMER Calculations by this tool are believed to be accurate but are not guaranteed.