Chris Stroleny Mortgage Qualification Calculator

Mortgage Qualification Calculator
This calculator will help you to determine how much house you can afford and/or qualify for. Complete or change the entry fields in the "Input" column of all three sections (the numbers that are entered are just to show you how to enter the values). The calculator will automatically recalculate anytime you press the Tab key after making a change to an input field.
Purchase Information	Inputs	Outputs
Purchase price:
Down payment:
Loan amount:
Annual interest rate:
Length of the mortgage in years:
Payment Information	Inputs	Outputs (Monthly)
Monthly principal & interest payment:
Annual property taxes:
Annual insurance:
Annual PMI:
Monthly association fees:
Monthly payment (PITI):
Tax deductable portion of payment:
Qualifying Information	Inputs	Outputs
Gross income:
Monthly debt payments:
Qualify for loan?:
Maximum qualifying loan amount:
Current Income to payment ratio (max = 28%):
Current debt to income ratio (max = 36%):
(Click Calculate First and the OUTPUTS column will show you your results)
(Then Click Create Amortization Schedule, if you want one, and a new window will open with the schedule) Longer term loans may take a few moments for the report to be generated.

Mortgage Qualification Calculator