Mortgage Calculators

Buyer

Qualifying Ratios
	Sale Price of Home
	Percent (%) or $ Amount Down
	Term of Loan (in Years)
	Interest Rate (% of 100)
	Combined Hshld Mthly Gross Income
	Monthly Auto Loan Payment
	Other Recurring Payments

	Dollar Amount Financed
	Monthly Payment
	Annual Loan Cost
	Other Debt
	Total Monthly Debt

	% RATIO OF HOUSING COST TO INCOME This value should be <= 28% for conventional loans, and <= 29% for HUD/FHA loans
	% RATIO OF (HOUSING COST + DEBT) TO INCOME This value should be <= 36% for conventional loans, and <= 41% for HUD/FHA loans
	MINIMUM MONTHLY INCOME QUALIFY