|
Enter total monthly debt payment not
including mortgage, rent, or utilities
(credit cards, car payment,
child support, alimony, etc.) |
*
|
|
Enter monthly estimate of homeowner association dues
(condominiums only) |
*
|
|
Enter desired mortgage interest rate |
*
|
|
Enter total cash available for
home purchase |
*
|
|
Maximum mortgage payment
(Gross monthly income x .28) |
|
|
Maximum debt load
(Gross monthly income x .38) |
|
|
Maximum monthly mortgage payment
(Maximum debt load - monthly debts) |
|
|
Your maximum monthly mortgage payment |
|
|
Estimated maximum monthly mortgage payment |
|
|
Estimated maximum loan amount |
|
|
Estimated Maximum
Home Purchase Price |
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